The rich get richer


"Thoroughbred horses, auto racing, massive ranches, luxury hotels. The hobbies and side businesses of the ultrawealthy create huge write-offs that can let them get away with paying little or no income tax for as much as a decade at a time."

https://talkingpointsmemo.com/news/when-youre-a-billionaire-your-hobbies-can-slash-your-tax-bill?fbclid=IwAR0VELoo-nFs5O9DGcbTjt-mud4Csgfh_u5EvOslEgJZ7uap4cJihddaljo

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