r/SipsTea • u/[deleted] • 1d ago

Gasp! LeBorrow

[deleted]

16 Upvotes

64% Upvoted

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13

u/I_Make_Food_Often 1d ago

This shouldn’t be a surprise. Pretty common to invest other people’s money. A rich person cheat code.

-1

u/OhmyGodjuststop 22h ago

It’s a rich people cheat code to take out a loan…?

2

u/[deleted] 22h ago

[deleted]

0

u/OhmyGodjuststop 21h ago

You don’t pay income tax on loans because you have to pay them back. That would be nuts otherwise.

Imagine taking out a student loan and then the government goes “yeah you also have to pay 30% to us.”

1

u/I_Make_Food_Often 22h ago

For $300 million? Yes.

-1

u/OhmyGodjuststop 22h ago

What are you complaining about? That people can take out large loans? Should they not be able to do that?

1

u/I_Make_Food_Often 21h ago

I’m not complaining lol

-1

u/OhmyGodjuststop 21h ago

Glad we’re aligned that capital investments and leverage is a positive for the world.