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Shellback Squid

(10,099 posts)

3. I don't quite understand when the wealthy borrow against their stocks to avoid tax then how is

Reply to snot (Original post)

Sat Nov 1, 2025, 09:45 PM

Nov 2025

the debt paid without withdrawing and how do they avoid interest on that loan?, I'm not an accountant and this baffles me

On edit, I'm really high right now

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cliffside

5 replies

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Highlight:

How the US Tax Code helps the rich get richer at our expense: [View all] snot Nov 2025 OP

She was just interviewed on All Things Considered as well jmbar2 Nov 2025 #1

I have a loved one who can confirm everything in this video uponit7771 Nov 2025 #2

I don't quite understand when the wealthy borrow against their stocks to avoid tax then how is Shellback Squid Nov 2025 #3

They pay interest. Igel Nov 2025 #5

Bookmarked for later, thanks. nt cliffside Nov 2025 #4