America’s richest investors are earning reams of tax-free income from an investment most people ignore, and today I’m going to let you in on it.
In fact, it’s hardly a secret at all. It’s just sitting there, in plain sight. And it’s very popular with the multi-millionaires and billionaires among us for one reason: as their investments throw off an ever-rising stream of dividends and capital gains, these folks get bumped into higher and higher tax brackets.
That hardly seems fair—and it feels like double taxation. But that’s how the tax system works. And this is where these dull-as-dishwater investments come in.…