The Daily Money: How rich Americans avoid taxes

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usatoday.com

The Daily Money
ALL THE MONEY NEWS YOU NEED TO KNOW
 
Tuesday, September 29

It's Tuesday, Daily Money readers, but more importantly it's also National Coffee Day. Why is this so important right now? It means you can get free coffee. You're welcome.

Now, let's get to the big headlines in Money and Tech.

Let's start with the biggest news story of the moment: President Trump's tax returns. The report detailing Trump's returns has exposed the strategies many rich Americans employ to avoid paying their taxes.

Before you go rushing to review last tax season's 1040 forms to figure out what you missed, just know that many Americans can't take advantage of the tax strategies used by the wealthy. 

Finally, everyone loves second chances. And it could even apply to Americans who took their Social Security benefits early.

Need more Money and Tech news? Keep scrolling.

Brett Molina, Money/Tech editor
FILE - President Donald Trump points to a question as he speaks during a briefing with reporters in the James Brady Press Briefing Room of the White House. TikTok and its U.S. employees are planning to take the Trump administration to court over a sweeping order that could ban the popular video app, according to a lawyer preparing one of the lawsuits.
How rich Americans avoid taxes
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Trump's tax returns has everyone talking taxes
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