Yhn BusinessFinance first seen 21 h ago, last 1 min ago, peak #2

'Buy, Borrow and Die' Wealth Strategy Now a $5 Trillion Market

Original: The 'Buy, Borrow and Die' Wealth Strategy Has Become a $5T Market

The Wall Street Journal reports that the 'buy, borrow and die' strategy — where wealthy Americans borrow against appreciated assets rather than selling them, avoiding capital gains taxes and passing assets on with a stepped-up basis — has grown into a $5 trillion lending market. The scale of securities-based and asset-backed lending to the wealthy is drawing attention to how the tax system treats unrealised gains.

Why now: The striking size of the market and its tax implications make it a flashpoint in debates over wealth inequality and tax policy.

Wall Street JournalUS tax systemwealthy householdsprivate banks

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Rank over time, top of the chart is #1. 44 snapshots from 21 h ago to 1 min ago.

Evidence

• The 'Buy, Borrow and Die' Wealth Strategy Has Become a $5T Market · tysone · 61

API: https://socialmediatrends-api.osmike.com/v1/trends/3812718