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A comment on IRS records reveal how the wealthiest avoid income tax. Parent comment

Re:IRS records reveal how the wealthiest avoid income tax by sevzero on Tuesday June 08, 2021 @07:08AM (#27433500)
Just take a loan against the assets to pay for stuff.
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Re:IRS records reveal how the wealthiest avoid income tax by refurb on Tuesday June 08, 2021 @08:26AM (#27434215)
Like a payday loan against my paycheck? Or a HELOC against my house?

Would you argue that someone is “gaming the system” by not paying taxes on say a rental property but borrowing against it?

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