Tag: wealth,taxation,economy,inequality,finance,data,society,research
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The Myth of “Buy, Borrow, Die”
For years, the phrase buy borrow die has floated through debates about wealth and taxes like a shorthand for the ultimate financial cheat code. The idea seems simple: the rich buy appreciating assets, borrow against their rising value instead of selling, and then pass everything to heirs who inherit without paying capital gains taxes. It’s a story that fits neatly…