John please write about the special tax rate mega movie stars and lawyers get from the govt.
In short they get their movie $ lump sum up front and then they do something with the big $ like put it somewhere where they get the $ back in much smaller chunks thus saving them a TON of taxes because it’s a much smaller amount. Lawyers and big CEO’s do the same.
The rest of us are forced into W2 statements do not have that option.
It also makes me CRAZY that the edge fund guys get a special tax RATE that is much lower than the rest of us.