4 ms·

well for wealth tax, you don't need more than a percent or two. It wouldn't be a problem at all. You may not consider leverage, but it's fairly known & well us

well for wealth tax, you don't need more than a percent or two. It wouldn't be a problem at all. You may not consider leverage, but it's fairly known & well used practice to take loan out of equity. People do it with their stocks as FANG employees. Founders with the wealth could have access to even cheaper loans.

cltby 6y ago
You need a percent or two every year. Depending on ROE assumptions, after several decades you may find you've taken on a turn or two of leverage.
- tehlike 6y ago
  sure. instead of selling the stock and realizing capital gains, this seems like a much saner option.