Jason Jonez Prezentz MTV's Tax Avoidance Strategies for High Net Worth Individualz

  • Aired:  01/24/12
  •  | Views: 52,120

Jason Jones hits up a New York City accounting firm for the lowdown on exploiting the tax code. (2:50)

GOVERNMENT.

>> Jon: POOR PEOPLE HAVE

(bleep) LOBBYISTS.

[ LAUGHTER ]

[CHEERS AND APPLAUSE]

HOW DOES ONE GAIN ENTRANCE --

HOW DOES ONE GAIN ENTRANCE TO

THE BLIND OUT WORD OF MITT

ROMNEY -- BLINGED OUT WORLD OF

MITT ROMNEY?

IT'S NOT A BORING STORY.

JASON JONES HAS THE ANSWER.

>> YO, MY BOY MITT PAYS ONLY

15%.

WE'LL SHOW YOU HOW HE GETS THIS

DONE.

15% YO THAT'S LOW!

♪ ♪

YO, I CAN SMELL THE BOOKS BEING

COOKED IN HERE.

HI JASON JONES TO SEE JOHN

LIEBERMAN.

>> MR. LIEBERMAN WILL SEE YOU

NOW.

♪ ♪

NO DOUBT I'M GONNA SHOW YOU

WHERE THE MAGIC HAPPENS ♪

>> HIGH NETWORK INDIVIDUALS ARE

DIFFERENT THAN REGULAR PEOPLE

BECAUSE THEY ARE ABLE TO TAKE

ADVANTAGES OF TAX CODE SETTING

UP THE PARTNERSHIPS IN THE

CAYMAN ISLANDS ALL YOU HAVE TO

DO IS MAKE CURSORY INFORMATION.

>> LIKE (bleep) SUCKING

(bleep) INFORMATION?

WORD!

TELL ME MORE ABOUT THIS STUFF

YOU ARE TELLING ME ABOUT.

>> WHEN YOU HAVE MONEY YOU CAN

TAKE ADVANTAGE OF THINGS THANK

JUST MAKES MY BRAIN HURT.

>> WE ADVISE PEOPLE TO TAKE

THEIR ASSETS AND PUT THEM INTO

TAX FREE BONDS.

DEPENDING ON WHAT STATE THEY

LIVE YOU CAN STRESS WHETHER THEY

PAY ZERO OR HARDLY ANY TAXES

ATHE OUGHT.

>> OMG CAT WHAT DO YOU THINK OF

THAT?

>> THIS IS ALL COMPLETELY LEGAL?

>> YEAH IT'S LEGAL.

>> BREAK IT DOWN H AND R BLOCK?

>> THEY ARE REALLY AVAILABLE TO

PEOPLE WHO ARE REALLY HIGH NET

WORTH.

>> THAT WAS BORING.

CAN A GET A REMIX.

>> 1008O656, 1041 THEY ARE

AVAILABLE TO PEOPLE REALLY HIGH,

HIGH, HIGH NET WORTH.

>> I LIKE YOUR BEARD.

THAT CALLED A CHIN STRAP SON.

>> WHEN IT'S ALL SAID AND DONE

ALL THEY HAVE TO DO IS ENTER

INTROSCHEDULE D.

>> THAT SOUNDS LIKE SOMETHING

I'D LIKE TO ENTER!

SCHEDULE D!

>> REALLY THAT'S ALL YOU DO?

>> THAT'S IT.

>> YO, THAT WAS A LOT OF GOOD

ADVICE BUT YOU BET YOU $10,000

YOU TOO POOR TO USE ANY OF IT.

SEE YA!

[ APPLAUSE ]

[ LAUGHTER ]

>> Jon: JASON

Loading...