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There’s certainly some strange effects on the edges, for example founders/early investors never realizing their gains and instead just taking loans collateraliz
by formerly_proven 2y ago
There’s certainly some strange effects on the edges, for example founders/early investors never realizing their gains and instead just taking loans collateralized with their assets (that’s how hyperrich avoid income taxes: just don’t have any taxable income)
- joshspankit 2y agoWe’re so deep in the “finding loopholes” game that it would be almost impossible to fix the system without starting from scratch.