15 Ways Rich People AVOID Paying Taxes

This is how rich people avoid taxes, legally. The #1 App Rich People Use To Optimize Their Lives! Start a 7-day free trial today: https://www.alux.com/app ________ 00:00 - Intro 00:45 - Invest all of it 01:23 - Everything you use is owned by a business 02:20 - Move somewhere with little or no tax 03:36 - Send it overseas 04:10 - Charitable donations 05:00 - Instead of a salary they take equity 06:56 - Buying art 08:37 - Multiple nationalities with no fixed residence 09:42 - Gift money away 10:37 - Hold it in privacy coins 12:06 - You have no money but you have assets you can borrow against 13:08 - Filing for bankruptcy 14:46 - Claim your yacht as your second home 15:36 - Using a trust to avoid paying estate tax 17:18 - Depreciating assets on paper to outweigh the cash income Tools: Protect yourself online with NordVPN: https://www.nordvpn.com/alux Get a free audiobook when you sign up: https://www.alux.com/freebook Start an online store today: https://www.alux.com/sell - Get Rich Playlist:    • Get Rich Playlist - Alux.com   Take Action Playlist:    • TAKE ACTION by Alux.com   All Sunday Motivational Videos:    • Sunday Motivational Videos   Book Club:    • Alux.com's Book Club   - Social Media:   / alux     / alux     / aluxcom   --- Alux.com is the largest community of luxury & fine living enthusiasts in the world. We are the #1 online resource for ranking the most expensive things in the world and frequently referenced in publications such as Forbes, USAToday, Wikipedia and many more, as the GO-TO destination for luxury content! Our website: https://www.alux.com is the largest social network for people who are passionate about LUXURY! Join today! SUBSCRIBE so you never miss another video: https://goo.gl/KPRQT8 -- To see how rich is your favorite celebrity go to: https://www.alux.com/networth/ -- For businesses inquiries we're available at: https://www.alux.com/contact/