News for hackers. Stuff that matters.

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 Chamix on Tuesday June 08, 2021 @05:44PM (#27441300)
You pay off the interest with the 40k of equities you can liquidate in 0% capital gains bracket, per year.

And yes, a bet that interest rates will remain below effective tax beyond that.

[ Parent | on HN ]

There are no comments on this comment yet.