The Borrow-Against-Wealth Loophole
18:51–20:47 · 117s
Mahan explains how the ultra-wealthy avoid income taxes by borrowing against appreciated assets, and proposes a trigger to treat large, sustained borrowing as realized gains for tax purposes.
18:51–20:47 · 117s
Mahan explains how the ultra-wealthy avoid income taxes by borrowing against appreciated assets, and proposes a trigger to treat large, sustained borrowing as realized gains for tax purposes.
We use cookies to understand how you use our platform and to improve your experience. Click "Accept All" to consent, or "Decline non-essential" to opt out of non-essential cookies. Read our Privacy Policy.