Their accountants and lawyers have done their annual magic. They have massaged the numbers, whisked away a gazillion or more dollars to the Cayman Islands, or some other tax haven and — oh, what a miracle — they have managed to reduce their taxable income to zero (or better still, into the offset bliss of notional “losses”).
And all this while they sit by the pool, sipping only-the-best champers.
What a life — for some.