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This is exactly how tax laws (ridiculously) work, at least in the USA. It uses the same “trick” billionaire CEOs use when they borrow against their shares to f
by alasdair_ 5y ago
This is exactly how tax laws (ridiculously) work, at least in the USA.
It uses the same “trick” billionaire CEOs use when they borrow against their shares to fund spending, instead of selling some shares and calling it “income”.