Re:The public has a right to know how companies that pay no ...
by triceratops on Tuesday November 03, 2020 @03:01AM
(#24977456)
Here's one case study: https://www.gocurrycracker.com/never-pay-taxes-again/
[ Parent
| on HN ]
Re:The public has a right to know how companies that pay no ...
by berdario on Tuesday November 03, 2020 @03:46AM
(#24977721)
"Once income and spending exceed this level, taxes must be paid. Unless…
Unless that income comes from qualified dividends or long-term capital gains. In this case, a married couple can have $24,400 a year in income AND $78,750 in investment income, TAX-FREE"
If you can get 78k$ yearly investment income from index funds, you already have a net worth of several million $, and you're thus already among the people that don't need to work (or you had some incredible luck for smaller investments)
Re:The public has a right to know how companies that pay no ...
by lotsofpulp on Tuesday November 03, 2020 @04:02AM
(#24977814)
But according to that link, all you have to do is choose leisure over labor*
*and have $5M+ in assets
Re:The public has a right to know how companies that pay no ...
by sokoloff on Tuesday November 03, 2020 @08:43AM
(#24979555)
Closer to $2M will do it with a low risk of portfolio failure, $2.5M will do it with almost no risk of failure.
Re:The public has a right to know how companies that pay no ...
by triceratops on Tuesday November 03, 2020 @11:09AM
(#24980883)
Don't hate the player, hate the game. Capital owners pay far less in taxes than worker bees.