You will have to scroll to get to the good parts, but it’s worth it. It involves funneling all your earnings to a limited partnership, and then the LP pays you. The IRS was going to fix the loophole until Steve Forbes and Rush Limbaugh got involved. 🤮
Bonus grossness: LPs require two stakeholders. To work around this, your second partner can be a corporation you have created. Because ya know, “corporations are people”.
I hear Piggly Wiggly is still around.