Baalzamon said:
I don't know about you, but I make an average wage, and invest a significant amount of my money in the stock market. When those companies are making more money because they aren't paying taxes, my investments are growing faster. When I sell these investments, I pay my fair share to Uncle Sam (and rightfully so). |
But you can also avoid that. I for instance have a 2% LOC against my investments so I can gain access to the gains without actually selling the stock. When I pass away if I leave stock to my kids the capital gains on that stock is erased. The kids if they sell the stock immediatly are accessed gains at the price the stock was at when I left it to them. Not what I paid for them. So for instance I bought Apple at like $50 before the split. I bought MS at like $20. I can just hold those stocks and they gain gain gain. Say I drop dead. My kids get the Apple stock which is now roughly a $650 per share gain. My kids wouldnt pay tax on the $650 they would pay no tax if they sold it as soon as they got it. See how the game is rigged for the aristocracy. Hold your capital gains, get a low interest loan to access the value and leave to your heirs basically tax free.
Its libraries that sell systems not a single game.
