How to have a billion dollar exit with zero capital gains tax

Re:How to have a billion dollar exit with zero capital gains... by lukas099 on Tuesday May 10, 2022 @05:58AM (#31325266)

It makes sense that people who benefit disproportionately from social spending would be pro-social spending, and vice versa for people who pay disproportionately more into the system. It troubles me to see comments here acting like the rich are all sociopaths, when really, everybody rich and poor is generally going to favor what is in their own best interests.

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Re:How to have a billion dollar exit with zero capital gains... by karmakurtisaani on Tuesday May 10, 2022 @06:50AM (#31325552)

It troubles me to see apologist comments here for ultra wealthy tax avoidance.

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Re:How to have a billion dollar exit with zero capital gains... by lukas099 on Tuesday May 10, 2022 @10:33AM (#31327604)

Everybody avoids taxes to the maximum extent allowed. It is ubiquitous and expected.

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Re:How to have a billion dollar exit with zero capital gains... by karmakurtisaani on Tuesday May 10, 2022 @12:36PM (#31329119)

You can literally defend almost any action by the argument that they are just maximizing their gains. Clearly they are. Should we roll over and accept it?

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Re:How to have a billion dollar exit with zero capital gains... by MisterBastahrd on Tuesday May 10, 2022 @08:22AM (#31326206)

Well, it turns out that all conservatives and libertarians are VERY independently minded until they have a need that isn't covered by whatever the hell they're using to pull bootstraps with. Then suddenly they see a collective need for action for their particular issue.

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