News for hackers. Stuff that matters.

A comment on Bezos donates $100M each to CNN contributor Van Jones and chef Jose Andres. Parent comment

Re:Bezos donates $100M each to CNN contributor Van Jones and... by bpt3 on Wednesday July 21, 2021 @04:20PM (#27911609)
For Bezos (and the wealthy in general), the interest rate on the loan is lower than your capital gains, so you can just keep rolling the loan forward forever.
[ Parent | on HN ]
Re:Bezos donates $100M each to CNN contributor Van Jones and... by bluedevil2k on Wednesday July 21, 2021 @04:43PM (#27911901)
And the interest is sometimes tax deductible
[ Parent | on HN ]
Re:Bezos donates $100M each to CNN contributor Van Jones and... by bpt3 on Wednesday July 21, 2021 @04:57PM (#27912069)
Yep. It's a great setup if you can get it (for yourself at least).
[ Parent | on HN ]