How Billionaires Avoid Taxes (Legally) 💰

Описание: How can billionaires gain BILLIONS in wealth without paying income tax on those gains?

The answer involves a strategy called "Buy, Borrow, Die."

In the United States, wealthy investors can benefit from rising stock prices without immediately paying capital gains tax. Some also borrow against their investments instead of selling them.

But there's a catch: loans carry risks, and inheritance and estate taxes can still apply.

Is the tax system fair, or should billionaires pay more?

👇 Let me know what you think!

Sources:
IRS — Capital Gains and Losses
IRS — Gifts and Inheritances
IRS — Estate Tax
ProPublica — The Secret IRS Files

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