The issue is that many think billionaires are the issue which is wrong. The govt, could tax billionaires 95% and poverty would still be just as prevalent as it is today.
The issue is that many think billionaires are the issue which is wrong. The govt, could tax billionaires 95% and poverty would still be just as prevalent as it is today.
Borrow, die strategy exists no denying that. Banks do not care about the interest rates due to the asset value that can show up on their books.
Many can take advantage of the tax write offs but simply lack the know how.
Borrow, die strategy exists no denying that. Banks do not care about the interest rates due to the asset value that can show up on their books.
Many can take advantage of the tax write offs but simply lack the know how.
Private sector companies large and small are generally started by loans. Who do you think loans the money? The entire private sector is ran on market liquidity. Take 3% out and see what happens
Private sector companies large and small are generally started by loans. Who do you think loans the money? The entire private sector is ran on market liquidity. Take 3% out and see what happens
As a result you do not pay taxes on the loan.
As a result you do not pay taxes on the loan.