# Super-rich: how does this tax avoidance strategy work?

**URL:** https://boards.straightdope.com/t/super-rich-how-does-this-tax-avoidance-strategy-work/944029
**Category:** Factual Questions
**Created:** [June 11, 2021, 9:58am UTC](https://boards.straightdope.com/t/super-rich-how-does-this-tax-avoidance-strategy-work/944029 "2021-06-11T09:58:40Z")
**Posts on this page:** 1
**Showing post:** 24

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### Author: ![DavidNRockies](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/davidnrockies/32/6279_2.png) [@DavidNRockies](https://boards.straightdope.com/u/DavidNRockies)
#### Post date: [June 12, 2021, 1:05pm UTC](https://boards.straightdope.com/t/super-rich-how-does-this-tax-avoidance-strategy-work/944029/24 "2021-06-12T13:05:53Z")

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In light of the moderation above, I’d like to humbly point interested Dopers toward a thread I started a while back:

> [@Do the rich pay their fair share?](https://boards.straightdope.com/t/do-the-rich-pay-their-fair-share/921817):
>
> I did a quick search and found very little specifically about this. In association with the latest story about DJT’s tax returns, I heard a statistic that the wealthiest Americans pay an average of 24% in Federal Income Tax. I presume they’re talking about [Effective Tax Rate](https://www.thestreet.com/personal-finance/taxes/what-is-the-effective-tax-rate-15102865). But Effective Tax Rate reminds me of an old joke in medicine: The surgery was a complete success, but the patient died. Sometimes, our definitions differ from the definitions used by others. According to [Pew Research](https://www.pewresearch.org/fact-tank/2017/10/06/a-closer-look-at-who-does-and-doesnt-pay-u-s-income-tax/): …

Full disclosure: I generate zero taxable income from the existence or growth of this thread, but hope to capitalize on its rising post count when **Cecil** takes SD public in the near future \<grin\>

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