Brad Reed describes one of the means by which the the rich pay absurdly low taxes.
But of course, these things are of no concern to the people with the serf-like mentality who think that the rich should be able to game the system to pay as little taxes as possible. These people will probably argue that these poor rich people are forced to adopt such stratagems because their taxes are too high so the solution is to reduce their taxes even more.
The serf-like mentality reminds me of stockholm syndrome, an irrational psychological phenomenon. A nice article is available on wikipedia: http://en.wikipedia.org/wiki/Stockholm_syndrome
From the article:
“In cases where Stockholm syndrome has occurred, the captive is in a situation where the captor has stripped nearly all forms of independence and gained control of the victim’s life, as well as basic needs for survival. Some experts say that the hostage regresses to, perhaps, a state of infancy; the captive must cry for food, remain silent, and exist in an extreme state of dependence. In contrast, the perpetrator serves as a ‘mother’ ?gure protecting the ‘child’ from a threatening outside world, including law enforcement’s deadly weapons. The victim then begins a struggle for survival, both relying on and identifying with the captor. Possibly, hostages’ motivation to live outweighs their impulse to hate the person who created their dilemma.”