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florduh

Well-Known Member
I'm curious how many people know about the "buy, borrow, die" strategy

F65KUQ4.png


Buy expensive assets like stock, real estate, or artwork

Borrow money using the assets as collateral. Live off of the borrowed money.

Die... and utilize friendly tax policy to transfer the assets to heirs who don't have to pay capital gains taxes

I have a different policy that includes Die as a solution to this problem, but you Libs won't like it, so I suggest closing this loophole ASAP :brow:
 

macbill

Oh No! Mr macbill!!
Staff member
Last edited:

florduh

Well-Known Member

CANtalk

Well-Known Member

White House Orders NASA to Destroy Important Satellite​


Donald Trump Fires Person Behind Jobs Numbers After They're Revised Down​


Trump FCC Abandons Efforts To Make U.S. Broadband Fast And Affordable​


https://www.reddit.com/r/TikTokCringe/comments/1mhpwsr
https://www.reddit.com/r/OfficeSpeak/comments/1mh0v8q

Civil warrants issued for Texas Dems who fled state​


If Trump and the GOP keep this up, AOC is going to be president​


Spotify used to seem like a necessary evil for musicians. Now it just seems evil​


‘Self-termination is most likely’: the history and future of societal collapse​


:peace: :leaf:
 
CANtalk,
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