Financial experts predicted Jeff Bezos’s move to Florida would pay off handsomely—and they were right. So far, the Amazon founder’s tax savings have been astronomical, worth an estimated $1 billion this year alone.
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In other words: tax evasion. Eat the rich.
It’s called “tax avoidance” when you’re a billionaire and it’s legal
It’s called optimal accounting in my classes. It’s not only legal but also annoying as shit when having to audit a company as a project.
It’s called that if you’re not a billionaire and it’s legal, too. Taking your personal deduction is tax avoidance.