those wealthy 1% that everyone from Obama to OWS have vilified, that are money grabbing filthy rich what do they do with their money after paying 1) federal taxes 2) state 3)local and 4) taxes.. Do they bury it in the backyard? Do they put there money under the mattress? What do they do with it? Well some of them definitely spend it.. some of them put it into tax free MUNICIPAL bonds. Some put it in offshore tax havens. But do most of the wealthy bury in the backyard or under the mattress?