Chances are, like many in his income bracket, he hasn't paid personal taxes in decades. Or he's paid between 12 and 18% like Romney and Obama has. Romney paid 12% when he declared his tax returns and Obama paid 18%. I pay a higher percentage than that myself as do MOST Americans. We had a multi millionaire run for Governor. When you presented his tax returns for the year before it showed that his taxable income was 12,000 bucks and he paid NO taxes on his income. Yet he owns 5 different Homes, has numerous cars, vacations all over the world and more. I worked for one of these characters as a Purchasing Agent and controlled the corporate money. I watched his whole life become a Corporate Tax Right off. Including his kids College Education, his kids living expenses, even the cars they drove. The home the guy lived in was considered Employee Housing. He later on filed for bankruptcy and dissolved the company. His kids kept the cars, the house was transferred to his wife and he kept over 3 million in liquid assets from the company. If this sounds illegal, it's not. It's immoral as hell but perfectly legal the way he pulled it off. All the workers knew, over 200 of them, was when they came to work at 6am Monday Morning the locks had been changed and an out of business sign was on the door. I was under about a 5lb NDA so I knew it was coming. I didn't bother to even show up that morning. I was so glad that I didn't have to work for a crook any longer.