Re:IRS records reveal how the wealthiest avoid income tax
by kristjansson on Tuesday June 08, 2021 @09:12AM
(#27434681)
They sell your assets if you don’t pay the principal though, which would trigger capital gains.
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Re:IRS records reveal how the wealthiest avoid income tax
by weird-eye-issue on Tuesday June 08, 2021 @09:42AM
(#27435085)
Only borrow half of what they allow you to. Don't borrow the full amount. In that case it would require more than a 50% drop before you run into issues.