Some Of The Ways Politicians And Elected Representatives Avoid Paying Taxes! Pt 1

This video reveals that politicians from both the Democratic and Republican parties have been found to use tax avoidance strategies that are unavailable to most Americans. The US tax system benefits the wealthy who can afford not to take income and keep their value in stocks, assets, and other investments. Politicians have been caught engaging in various financial crimes, such as campaign finance violations, dark money, and connections to organized crime. They use personal gain index and investment opportunities, frequently act as conduits, and influence peddlers for lobbyist interests while benefiting from a lack of oversight. Additionally, politicians use opaque non-profits and shell companies, irrevocable trusts, and CRATs charitable remainder annuity trusts, all of which aim to minimize taxes, access government benefits, and protect their assets.
Thanks for watching! Please Like, Comment, or Subscribe for more videos!
This is a Clip from the Vlog "r/IRS Questions," which hopes to provide a steady path of information for the /r/IRS Reddit community and anyone interested in tax compliance. This channel also features the latest Internal Revenue Service news, IRS commentary, and tips from tax expert John R. Dundon.
www.reddit.com/r/IRS
www.JohnRDundon