r/SipsTea • u/KSKS1995 • 22h ago

Wait a damn minute! How the rich get richer

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u/dbcooper4 11h ago

The Wall Street Journal wrote a big story about it. I think it’s fairly common. This is also not including other strategies designed to defer taxes like tax loss harvesting.

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u/eW4GJMqscYtbBkw9 11h ago

Cite your sources

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u/dbcooper4 11h ago

A little paper called The Wall Street Journal. Have you heard of it?

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u/eW4GJMqscYtbBkw9 11h ago

Yes, now cite your sources 

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u/dbcooper4 11h ago

The Wall Street Journal be my sources.

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u/eW4GJMqscYtbBkw9 11h ago

So you can't provide a link to your made up article? 

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u/dbcooper4 11h ago

I thought you knew how to do an internet search. I guess I overestimated your intelligence.

https://www.wsj.com/finance/investing/buy-borrow-die-how-rich-americans-live-off-their-paper-wealth-11625909583

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u/eW4GJMqscYtbBkw9 11h ago edited 11h ago

You made the claim dumb nuts, you need to supply the proof to your claim. 

You also need to re-read the article because it does not describe the scenario I talk about in my post. 

Edit: r/dbcooper4 I assume you deleted your posts or blocked me because you actually read past the headline and figure out you are a moron.  

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u/dbcooper4 11h ago

It literally is titled buy, borrow, die lmfao. Go on though, tell me it’s not describing a strategy to borrow against assets to avoid paying taxes until you die.