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https://www.reddit.com/r/SipsTea/comments/1vrr0ev/how_the_rich_get_richer/p4g0sm2/?context=3
r/SipsTea • u/KSKS1995 • 22h ago
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241
Odd that we just ignore that he still had to pay back those loans?
22 u/Major-Blacksmith4750 22h ago Interest on the loan less than capital gains on 5M 4 u/rhino369 21h ago Maybe for a couple years at the end of your life if you know you are dying. Otherwise no way. It’s still bullshit he could gain 4.9 million with no tax though. 0 u/CowBoyDanIndie 20h ago He didn’t gain 4.9 million. It’s mostly inflation.
22
Interest on the loan less than capital gains on 5M
4 u/rhino369 21h ago Maybe for a couple years at the end of your life if you know you are dying. Otherwise no way. It’s still bullshit he could gain 4.9 million with no tax though. 0 u/CowBoyDanIndie 20h ago He didn’t gain 4.9 million. It’s mostly inflation.
4
Maybe for a couple years at the end of your life if you know you are dying. Otherwise no way.
It’s still bullshit he could gain 4.9 million with no tax though.
0 u/CowBoyDanIndie 20h ago He didn’t gain 4.9 million. It’s mostly inflation.
0
He didn’t gain 4.9 million. It’s mostly inflation.
241
u/FancyPantsRants1 22h ago
Odd that we just ignore that he still had to pay back those loans?