Yhn BusinessFinance first seen 1 d ago, last 43 min ago, peak #2
The '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 the wealthy borrow against appreciating assets to avoid income taxes and pass on gains tax-free at death — has grown into a $5 trillion market. Securities-based lending and similar credit lines have expanded rapidly, drawing fresh scrutiny of how the richest households legally sidestep taxes.
Why now: The WSJ's reporting on the sheer scale of tax-avoidance lending has reignited debate over taxing wealth and closing the loophole.
Wall Street Journalwealthy householdssecurities-based lending
Rank over time, top of the chart is #1. 59 snapshots from 1 d ago to 43 min ago.
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/3812718