Menu
Sign In Pricing Add Podcast

Search Engine

Why is it so hard to tax billionaires? (Part 2)

590.386 - 608.372 PJ Vogt

The government will tax billionaire assets when the billionaire dies through estate taxes, although you won't be shocked to know that the ultra-wealthy are pretty good at working around the estate tax as well. A USC professor named Ed McCaffrey coined the phrase for this, buy, borrow, die, which sounds like a confusing bumper sticker.

0
💬 0

Comments

There are no comments yet.

Log in to comment.