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Re:Buy, Borrow, Die – Explained by lokar on Saturday August 31, 2024 @05:13PM (#41412040)
It’s more than tax minimization. It’s buying politicians and distorting society so they pay less.
Re:Buy, Borrow, Die – Explained by gruez on Saturday August 31, 2024 @05:29PM (#41412157)
> It’s buying politicians and distorting society so they pay less.

If you had the time and resources, wouldn't you try to affect change in government? It's not fundamentally any different than showing up to your city council meeting to get housing developments approved/blocked, for instance. Moreover, most people don't think of themselves as bad people, so they probably legitimately think they're doing the Right Thing™, rather than being some sort of cartoonishly evil villain trying to ruin society by starving government of funding.

Re:Buy, Borrow, Die – Explained by photonthug on Saturday August 31, 2024 @05:46PM (#41412257)
> If you had the time and resources, wouldn't you try to affect change in government?

This is going to be hard for the politically inclined to understand, but no, it's simply not the case that everyone everywhere is preoccupied with finding/creating legal ways to push their will/preferences onto other people.

Re:Buy, Borrow, Die – Explained by zdragnar on Saturday August 31, 2024 @07:41PM (#41412905)
This is going to be hard for the ideologically blind to understand, but not every rich person everywhere keeps politicians in their back pockets. Some don't even have their own PAC!
Re:Buy, Borrow, Die – Explained by photonthug on Saturday August 31, 2024 @08:49PM (#41413251)
I'm not making any comment on whether rich people are more or less likely to be politically inclined than average people, draw your own conclusions.

I'm also not sure who you're suggesting is ideologically blind. All I'm saying is that given resources like a huge pile of money, many would not wish to use that money to coerce others or otherwise change their local political situation to better suit them. Instead they'd use those resources to increase their own resilience, i.e. simply choosing to leave the neighborhood or situation that was bothering them instead of trying to change it and assuming their own interests are the best and most appropriate ones for everyone.

As the parent is pointing out, everyone thinks they are doing TheRightThing(tm) when they collect/use power to force their views on others. Instead you could have power/wealth and just choose to not fuck with other people. That's not being ideologically blind, it's just an ideology that says, you know what, even my strongly held opinions could be wrongheaded, and maybe I shouldn't be using my arbitrarily acquired wealth/power to steer anything besides my own life.

Re:Buy, Borrow, Die – Explained by paulryanrogers on Saturday August 31, 2024 @10:24PM (#41413711)
If only corporations weren't (technically) people, or at least stayed in their lane instead of capturing regulators and buying politicians.
Re:Buy, Borrow, Die – Explained by pnut on Sunday September 01, 2024 @08:13AM (#41416325)
That choice does come with the consequence of having to abide by the agendas of people who are trying to push their will onto other people though.

It's only a viable option if you trust your political system to function when your back is turned.

Re:Buy, Borrow, Die – Explained by photonthug on Sunday September 01, 2024 @09:11PM (#41421702)
If we're assuming the kind of time/resources that it requires to affect political change, then no, you don't really have to abide by anything.

You can either opt out, or you can wade into a corrupt system and start finally enjoying your ability to join in on all the corruption. In the 2nd case, what's the plan moving forward for an ethical actor really? Using money to bribe politicians into stop accepting bribes? Should we bribe citizens to stop electing politicians that accept bribes? If you don't want money involved in politics then I don't know how you start to fix that with money.

Re:Buy, Borrow, Die – Explained by santoshalper on Saturday August 31, 2024 @07:48PM (#41412931)
Definitely not.
Re:Buy, Borrow, Die – Explained by johnnyanmac on Sunday September 01, 2024 @12:54AM (#41414404)
Me? No. My goals are fairly simple. Rent is just a distraction from that goal.
Re:Buy, Borrow, Die – Explained by forgetfreeman on Sunday September 01, 2024 @01:18AM (#41414495)
whether you intentionally or accidentally put a kink in my garden hose the end result is I can't water my lawn until the kink's out.
Re:Buy, Borrow, Die – Explained by maeil on Sunday September 01, 2024 @03:39PM (#41419710)
> If you had the time and resources, wouldn't you try to affect change in government?

Not for my own benefit, no. Just like I don't base my votes in elections particularly on my own benefit, and never have.

Re:Buy, Borrow, Die – Explained by smsm42 on Saturday August 31, 2024 @08:23PM (#41413096)
How the proposed schema distorts the society? Sure, the federal government will have a little less money, but they still have trillions and are not exactly frugal with it. Between two worlds, one having that tax loophole and one not having it, I can't identify any societal difference that could be attributable to that loophole. Can you name one?