Buy, Borrow, Die
March 25, 2025 by Rogé Karma
America’s superrich have always found ways to avoid paying taxes, but in recent years, they’ve discovered what might be the mother of all loopholes. It’s a three-step process called “Buy, Borrow, Die,” and it allows people to amass a huge fortune, spend as much of it as they want, and pass the rest—untaxed—on to their heirs. The technique is so cleverly designed that the standard wish list of progressive tax reforms would leave it completely intact.
Wink’s Moore on the Market: Buy.
*check*
Borrow.
*check*
Die.
*pending*
Check out this great article on building wealth. I enjoyed it, and hope you will too. -sjm
Originally Posted at YAHOO! News on March 17, 2025 by Rogé Karma.
Categories: Industry Articles
