“Every year, rich people use art to avoid billions of dollars in taxes.” —Sarah Green
While the tax-avoidance strategies in question differ, for this week’s Market post, it seemed relevant to share this video from The Art Assignment with Sarah Green, Art + Taxes = The Dirty Truth. The prevalence of tax avoidance might be overstated, and the implied fraudulent intent certainly is, but as usual, Green elucidates the subject with insight and humor.