The very wealthy take out loans backed by their stocks so they don’t technically have income.
But wouldn’t they be taxed when they sell stocks to repay the loans?
In: Economics
Keep doing it until you die, and then your estate resolves the issue. This only works if you have a lot of highly valued stock though. It is a gamble, because years later your company could hit hard times, lose a lot of stock value, and then the banks will not loan again and will want their money.
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