Buy, Borrow, Die – Explained

Re:Buy, Borrow, Die – Explained by xmprt on Saturday August 31, 2024 @04:46PM (#41411826)

I feel like if I were a billionaire or even a multi millionaire, I'd have better things to spend my time doing than worrying about taxes.

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Re:Buy, Borrow, Die – Explained by spencerchubb on Saturday August 31, 2024 @05:08PM (#41411989)

I assume they don't do the work themselves, they pay a tax expert. If I was a rich businessman I wouldn't want to spend any more time than necessary thinking about taxes

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Re:Buy, Borrow, Die – Explained by fallingknife on Saturday August 31, 2024 @08:23PM (#41413095)

You wouldn't spend any time. You would pay a CPA $300K per year to save you millions in tax liability and never even think about it.

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Re:Buy, Borrow, Die – Explained by paulryanrogers on Saturday August 31, 2024 @10:37PM (#41413779)

Or decades ago you'd face a 70-90% tax rate, stop fighting it, and be happy with an upper middle-class life. Unless you're a certain washed up actor turned governor.

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