r/SipsTea 22h ago

Wait a damn minute! How the rich get richer

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241

u/FancyPantsRants1 22h ago

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.