This recent NYT piece on tax minimization strategies of the “superrich” is pretty thin gruel. It’s helpful in that it shows that the superrich pay a low effective tax rate mainly because the 15% rate applicable to long-term capital gains and dividends is so low to start with. Once there, getting it below 15% requires you to either (1) have lost a fortune in earlier years to produce a capital loss carryforward, or (2) make substantial charitable contributions. Those greedy bastards. Losing all their money and giving it away.