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Many of the wealthiest Americans pay lower tax rates than the average person. To see if I could also use some of those billionaire strategies to cut my taxes, I teamed up with celebrity CPA Bruce Seckendorf to test elite tactics like "buy, borrow, die" on a regular salary.
00:00 - Intro
00:20 - Do the ultra wealthy pay a lower tax rate?
01:18 - Setting up our tax experiment
03:23 - Strategy #1: Killing the salary
05:55 - Strategy #2: Buy, borrow, die
08:38 - Strategy #3: The $5 billion retirement account
11:55 - Strategy #4: The sports team tax shelter
14:33 - Strategy #5: Leave the state
17:22 - The running total: how far did we get?
18:25 - Conclusion
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