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Old 02-22-2012, 11:01 PM
stonez138 stonez138 is offline
Kobold


Join Date: May 2010
Posts: 144
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The mega-wealthy can choose to pay no taxes via off-shore accounts and tax free bonds. If a billionare puts all his money in tax free bonds, he can then loan himself all the money he needs to live luxurously on and effectively pay zero income taxes.