How rich people avoid paying tax

(Originally by Instgram user @newmoney.blog)

@infobeautiful so as it's so difficult to persuade our politicians, who work for the rich, to tax the rich what we need to do is engineer a market crash. Given where the planet is heading surely that won't be too difficult?
Wont bring in more taxes from the rich but at least it will bankrupt them.

@marjolica @infobeautiful

When the housing market tanked in 2008, the US government bailed out the banks instead of homeowners.

I worry that an AI crash will lead to a bailout of big tech paid for by the rest of us.