Episode
10 Ways Billionaires Avoid Tax On A Massive Scale - How Money Works | How Money Works
- Podcast
- How Money Works
- Published
- Jul 24, 2026
- Duration seconds
- 920
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Summary
10 Ways Billionaires Avoid Tax On A Massive Scale - How Money Works Get 10% off your first month of therapy with our sponsors BetterHelp: http://BetterHelp.com/HowMoneyWorks Sign up for my newsletter https://compoundeddaily.com 👈 ------------- Rich people didn’t get rich by paying a lot of taxes and for some of them avoiding uncle Sam has become their favourite pastime. Say what you will about billionaires, but they can be a very creative bunch where their money is concerned. Last year ProPublica a non-profit investigative journalism organisation was leaked a cache of IRS files that contained tax information about the richest people in America. Dozens of journalists and forensic accountants were able to reverse engineer a number of systems that the billionaires used to pay much lower rates of income tax than most regular working Americans. #tax #billionaire #howmoneyworks ProPublica Articles: https://www.propublica.org/article/billionaires-tax-avoidance-techniques-irs-files https://www.propublica.org/article/a-massive-oil-spill-helped-one-billionaire-avoid-paying-income-tax-for-14-years Edited By: Andrew Gonzales Music Courtesy of: Epidemic Sound Select Footage Courtesy of: Getty Images All materials in these videos are for educational purposes only and fall within the guidelines of fair use. No copyright infringement intended. This video does not provide investment or financial advice of any kind. Follow to learn How Money Works. Find How Money Works on YouTube: https://www.youtube.com/@HowMoneyWorks Disclaimer: This podcast is an independently produced audio adaptation of content originally created by How Money Works. It was developed by a fan who values the channel’s clear and engaging approach to financial education, with the goal of making that knowledge more acce…