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Those who end up amassing fortunes have often ruthlessly exploited the loopholes of unwritten rules - Peter Thiel taking advantage of Roth IRA, Uber and AirBnB
by RestlessMind 4y ago
Those who end up amassing fortunes have often ruthlessly exploited the loopholes of unwritten rules - Peter Thiel taking advantage of Roth IRA, Uber and AirBnB dumping the externalities of unregulated taxis and hotels on the wider society, Walmart putting its lowest paid staff on medicaid etc. Just look at Panama papers to see how the rich exploit all the loopholes to save on taxes.
- turmeric_root 4y agoAre you implying that Peter Thiel should be seen as a role model?
- RestlessMind 4y agoshould? I don't know. But a lot of people do see him as a role model. And he wields considerable influence and power. See what he did to Gawker. How many of us can ruin a publication just because of a personal vendetta?
- turmeric_root 4y agoThose are facts, yes.