Quote:
Originally Posted by MiamiBoyz
Look idiot's...once and for all.
What he meant was that if you are rich/wealthy you should be diversified enough that you can spread the gains and losses out so that the tax you end up paying is minimal if not actually none.
He did NOT MEAN that he doesn't file and pay what is legally required.
Got it now...need a more simple explanation as I do not think that is possible. 
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He doesn't pay taxes. He makes hundreds of millions and doesn't pay taxes.
I do everything I can to avoid paying taxes.