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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 papercrane on Tuesday June 08, 2021 @10:12AM (#27435445)
For ultra-high net worth individuals it's a pretty safe strategy. Typically a low volatility equity that doesn't pay dividends is used and only a small percentage of their portfolio is used.

Over the long run it tends to work in their favour as well, since it's very likely that the increase in the portfolio value will outpace the interest paid.

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Re:IRS records reveal how the wealthiest avoid income tax by kristjansson on Tuesday June 08, 2021 @10:41AM (#27435799)
> increase in the portfolio value will outpace the interest paid

Ah, right. Caught me twice on my fixed-pie thinking :)

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