Yhn BusinessFinance first seen 1 d ago, last 4 min ago, peak #2
The 'Buy, Borrow and Die' Wealth Strategy Is Now a $5 Trillion Market
Original: The 'Buy, Borrow and Die' Wealth Strategy Has Become a $5T Market
A Wall Street Journal report says the 'buy, borrow and die' wealth strategy — where the wealthy borrow against appreciated assets instead of selling them, avoiding capital gains taxes, then pass assets on with a stepped-up basis — has grown into a roughly $5 trillion lending market. Commenters are debating the fairness of the tax loophole and whether policymakers will move to close it.
Why now: The scale of tax avoidance through asset-based lending highlights ongoing debates over taxing the wealthy.
Wall Street JournalUS tax systemwealthy investors
Rank over time, top of the chart is #1. 84 snapshots from 1 d ago to 4 min ago.
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/3812718