Re:Where Each U.S. State Gets Its Tax Revenue From
by tekla on Friday November 06, 2026 @12:59PM
(#50395859)
You know, every time this is brought up, a small part of me dies.
People bring up a loophole that does exist, and assume that everyone uses it. Welp, like most of these "1%" discourse, its pretty damn rare.
https://taxprofblog.aals.org/2026/06/16/fox-and-liscow-the-r...
> If buy-borrow-die were the dominant playbook, the rich would be leveraging aggressively against their ballooning portfolios. They aren’t. Borrowing against unrealized gains is, if anything, more of a middle-class habit than a billionaire one.
If your stock holdings are growing faster than inflation and the interest rate at which you are borrowing, it’s an easy way to monetize unrealized gains without a taxable event. If you have a huge stock portfolio, brokers will lend you money against your stock at very low rates, a few bps above what Treasuries yield.