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> The gains are realized, but due to various loopholes untaxed diaposable cash is created. How does this happen and why is it legal? I'm sure there are loophol
by danans 5y ago
> The gains are realized, but due to various loopholes untaxed diaposable cash is created.
How does this happen and why is it legal?
I'm sure there are loopholes, but at some level it also demonstrates how stupendously wealthy the super rich are that financing their lifestyles (i.e. houses) often requires a tiny fraction of their overall wealth.