Most people think the wealthy earn more, but the truth is the ultra-rich play a completely different tax game. Professor Scott Galloway reveals how billionaires legally avoid taxes, the loopholes corporations use to pay almost nothing, and why ordinary people are left carrying the burden

From borrowing against stocks instead of selling them, to moving states for tax arbitrage, to exploiting loopholes like the Qualified Small Business exemption, Galloway explains the simple strategies that turn the rich into the super-rich. He also shares why becoming an owner, not an earner, is the key to building real wealth and how tax advice can mean the difference between bankruptcy and becoming a billionaire

Discover:
• How billionaires borrow against stocks to live tax-free
• Why Jeff...

Most people think the wealthy earn more, but the truth is the ultra-rich play a completely different tax game. Professor Scott Galloway reveals how billionaires legally avoid taxes, the loopholes corporations use to pay almost nothing, and why ordinary people are left carrying the burden

From borrowing against stocks instead of selling them, to moving states for tax arbitrage, to exploiting loopholes like the Qualified Small Business exemption, Galloway explains the simple strategies that turn the rich into the super-rich. He also shares why becoming an owner, not an earner, is the key to building real wealth and how tax advice can mean the difference between bankruptcy and becoming a billionaire

Discover:
• How billionaires borrow against stocks to live tax-free
• Why Jeff Bezos and Elon Musk move states to avoid taxes
• The little-known “Qualified Small Business” loophole that makes millions tax-free
• Why super earners pay higher rates than super owners
• How corporations like Apple shift profits overseas to cut tax bills
• Why great tax advice separates billionaires from bankruptcies