What are these tax loops on millionaires? Short of starting your own foundation where you give yourself lots of free perks and bennies, I just don’t know of any tax loops. And a million dollars is not enough to start a non profit foundation of any significance. Especially since most folks are going to spend their first two or three million making their own lives more comfortable - paying a landscaper, private school for the kids, nice cars, etc.
Oh, and I’d be all for closing the stupid non-profit loophole, but that’s going to put an awful lot of regular joes and janes out of jobs.