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A 99% estate tax on money over $10M, and revocation of any visas on any heirs who attempt to avoid them.
by jmpman 6y ago
A 99% estate tax on money over $10M, and revocation of any visas on any heirs who attempt to avoid them.
- missedthecue 6y agoEasy. Put your estate into a terminally settled, non-transferable, future-callable, sale-leaseback with a partial-repo feature, with a European or Japanese bank. Impossible to tax (aside from the income stream), no downside except for some additional tax headaches. But I assume a few tax headaches are worth it in order to keep billions of dollars in your family.
- goddess33 6y ago> Easy. Put your estate into a terminally settled, non-transferable, future-callable, sale-leaseback with a partial-repo feature, with a European or Japanese bank. is this word salad or legit? If so, any resources to learn this?
- emptysongglass 6y agoWhere can one learn this black magic?
- commandlinefan 6y agoThat was my thought - if America won't let you keep your money, Luxembourg surely will.
- cheph 6y agoWhy should you be punished if you do something entirely legal? Can't we rather just close the legal avenues that allow people to avoid them? Why keep it legal? What do you gain by having these loopholes?
- deleted 6y ago[deleted]
- viggity 6y agoImplementing an exit visa process. That sounds like a completely healthy thing for a free society to enact. Not.