How the Rich Avoid Taxes (Buy Borrow Die)

In this video, I explain the strategies used by wealthy individuals, to minimise their tax liabilities. Specifically, the following:

2 commonly used tax strategies (loopholes) that are used to avoid taxes
How assets and income are taxed differently
Capital gains tax vs income tax
Borrowing against assets (securities backed line of credit)
Buy borrow die
Generational wealth
Minimising inheritance tax

TIMESTAMPS:
00:00 - Intro
00:21 - Strategy 1
03:24 - Strategy 2

MY FILMING GEAR:
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Microphone - https://amzn.to/3RP1GOu
Tripod - https://amzn.to/3PVWRjR

DISCLAIMER:
This content, and the ideas presented in it, are for education and entertainment purposes only. Kiran does not provide tax or investment advice. The information presented does not consider the financial circumstances of any investor, and therefore may not be suitable for all investors.
Although Kiran is an Accountant, no Accountant-Client relationship is established with the viewer in any way.

As an Amazon Associate I earn from qualifying purchases. The product links in the description are affiliate links. This means if you choose to buy something through one of these links, I may receive a commission on the sale, but it makes no difference to you as a buyer.