Re:How to have a billion dollar exit with zero capital gains...
by pas on Tuesday May 10, 2022 @06:14AM
(#31325359)
well, what's the ROI (or fiscal multiplier in econ speak) of spending 300M on housing vouchers but not building more houses?
or founding more border patrols instead of local police? or funding local police, which then spends it on legal fees to fight against releasing body cam footage?
also note, that I'm not saying the people who optimize away their taxes spend it better (yachts! country clubs in the middle of the desert!)
Re:How to have a billion dollar exit with zero capital gains...
by throwaway0a5e on Tuesday May 10, 2022 @07:52AM
(#31325965)
There's a reason that every stupidly wealthy person who wants to throw their resources toward some goal either funds or starts a charity for the specific mission.
Re:How to have a billion dollar exit with zero capital gains...
by presentation on Tuesday May 10, 2022 @10:07AM
(#31327303)
That's dependent on believing that your government spends money effectively.
How about the insane compounding effect of a better funded society, through less multi-mill/billionaire tax avoidance?
>Your question makes sense from a "normal" perspective, but doesn't once you're UHNW
Or rather, it makes sense from a normal (non quotes) perspective, but not from the point of a power hungry sociopath.