Billionaires minimize income taxes by investing in businesses and property instead of earning salary. Donald Trump rents properties and gets paid to live in them, a strategy that avoids income tax while he pays other taxes like property tax.
The billionaires play by a different set of rules than everybody else. Don't hate the player, hate the game. Last year, I didn't pay any income taxes, but I paid $30 million worth of property taxes. You need to learn how to win at the game. Investing, not spending. Own things, own businesses. Don't spend money. Don't waste it on cars. Play the game of the wealthy. Donald Trump, he buys a building in New York. He lives in it. He doesn't buy a house and live in it. Rents out the whole place. He literally gets paid to live where he is and then moves into the White House.
Meet the Man Taking on Britain’s Failing Fast Food Industry & Building Young Entrepreneurs
