<prompt> Human: I always read or hear about how the rich pay very little in taxes percentage wise due to knowing about loop holesdeductionscredits that the average person doesnt know about. I want to know what they know, where can I find that information?I do realize that in many cases, certain loopholes wont apply to me.One tip I know of is that if you itemize your deductions, you can do something simple like donate stuff to GoodWill and ask for a receipt so you can deduct those donations and the amounts you write down are up to you so you can basically make up the value of those items you donated, up to a reasonable amount.I use Turbo Tax and I believe they tell you about the most common deductions and credits but just wanted to know if theres a resource to learn about more.If you happen to know of any loopholes, please share.  <response>: Another thing to consider is that the very rich dont get most of their income from working. They get it from long term capital gains, which have a much lower tax rate. 