If you need cash flow now then municipal bonds would be one method depending on the state you live in. In California, California municipal bond interest are not tax at the state or federal level; legitimate income without taxes.
If you can wait for the cash you can always defer paying taxes on earned income by enrolling in an IRA or employer sponsored 401(k). These will allow you to defer paying taxes and allow your money to grow. When you withdraw fund from a retirement account (once you’re in retirement) you will pay taxes on the money you originally contributed (with the expectation that you will be in a lower tax bracket in retirement verses when you earned the income) but the money that grew within the account is tax free.
Here’s an idea. Can anyone poke any holes in it?
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