Oct 28, 2021
10:48:20am
10:48:20am
Open your mind a bit. Let’s say you want $100 million. You can sell stocks and
Pay $25 million in taxes or take a loan and pay back 4% interest over time. Which is cheaper? The very wealthy are avoiding paying taxes by paying interest rates. Either way it’s the cost of getting their money.
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- rtaylord
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- cougsareforreal
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10/28/21 10:46am
10/28/21 10:50am
10/28/21 10:53am
10/28/21 10:55am
10/28/21 10:58am
This is incorrect man. They can wait until they pass away, get a step in basis on their assets, and have all that growth
10/28/21 11:11am
10/28/21 11:56am
10/28/21 10:46am
They can let the debt run up forever and then have it paid for with assets that have stepped up in basis at their death.
10/28/21 10:39am
10/28/21 1:05pm
10/28/21 10:53am
10/28/21 10:57am