Comment on Imagine if Amazon and all jobs out there were cooperatively owned?
dohpaz42@lemmy.world 3 weeks agoIt’s my understanding that Musk borrowed heavily from investors for that cash.
Comment on Imagine if Amazon and all jobs out there were cooperatively owned?
dohpaz42@lemmy.world 3 weeks agoIt’s my understanding that Musk borrowed heavily from investors for that cash.
David_Eight@lemmy.world 3 weeks ago
Buy, Borrow, Die strategy.
Buy something that potentially increases in value (real estate, companies, stock etc)
Borrow money against the appreciated value of step 1, this borrowing in not taxable.
Die and leave assets to whoever and never pay tax on the assets.