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Eventually you must realize the assets, either you spend them or you die with them. We let the ultra-wealthy "spend" them in ways they don't have to pay tax, an
by coryrc 5y ago
Eventually you must realize the assets, either you spend them or you die with them. We let the ultra-wealthy "spend" them in ways they don't have to pay tax, and we let them pass then on untaxed after death through tax-sheltered trusts.