Not saying he’s a master, but Mitt Romney sets up a trust with all his assets.
Then he withdraws from the trust for a one-time fee. And since all his money goes to a trust, he has technically zero income. That’s why his tax rate is so low.
And I’m sure some other fuckery, but that’s the basic gist.
Yeah. It's going to be great when it falls flat on it's fucking face. I'm actually interested to see how a master runs his corporate gains taxes.
Not saying he’s a master, but Mitt Romney sets up a trust with all his assets.
Then he withdraws from the trust for a one-time fee. And since all his money goes to a trust, he has technically zero income. That’s why his tax rate is so low.
And I’m sure some other fuckery, but that’s the basic gist.