It’s Not Just Income Taxes. Billionaires Don’t Pay Inheritance Taxes Either. – Mother Jones

As a Trump adviser once said, only "morons" would do that.
Article Fri, Jun 11, 2021
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And while employees do have to pay income and payroll taxes on the initial value of stock granted in lieu of wages, anyone who accumulates a large trove of assets can hold onto those growing investments and use them as collateral for low-interest loans to fund their lavish lifestyles. Voila! No income. This is a lot cheaper than selling off chunks of stock and paying tax on the gains.