Having seen how powerful compounding is in the last section, you realize that every dollar is worth a whole lot more future dollars if prudently managed. The more you can save on taxes, the more money you have working for you. Learn how to take advantage of deferred tax liabilities. Figure out how to use a Roth IRA, which is the closest thing to a perfect tax shelter the poor and middle classes are likely to ever get. Have your family structure its holdings so the stepped-up basis loophole can be taken advantage of upon death. Utilize the asset placement technique to minimize tax payments. Form family limited partnerships to transfer wealth using liquidity discounts to lower gift taxes.
Do not cheat on your taxes, do not get close to the edge of the lines, but definitely take advantage of all of the breaks Congress has given you under the law. Your elected representatives put them there for a reason and assumed you'd avail yourself of them so speak with your advisors to find out what you're missing.