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Glaisne

(652 posts)
27. It's more than that. The rich also engage in
Sun Apr 12, 2026, 03:02 PM
Sunday

Options trading
Short selling
Futures trading
Commodities trading
Foreign currency exchanges investing and private equity and hedge funds. Things that us regular folks who buy mutual funds and ETFs don’t understand or have access to.

Recommendations

1 members have recommended this reply (displayed in chronological order):

If a U.S. citizens dies in 2026, the fair market value of all assets at the date of death, less liabilities.. surfered Apr 11 #1
It isn't always that simple ToxMarz Apr 11 #3
You've nailed it FakeNoose Apr 11 #4
Exactly and to add FHRRK1 Apr 11 #8
Then they pass the debt on to the heirs as well surfered Apr 11 #18
Yes that's the point, it is cheaper for them to live on borrowed money than pay their fair share of taxes. ToxMarz Apr 11 #19
of wealthy PUBLIKKKLAN, by the WEALTHY PUBLIKKKLANS, FOR the wealthy publikklans. pansypoo53219 Apr 11 #2
Correction. SergeStorms Apr 11 #6
Sounds like a great idea LilElf70 Apr 11 #5
Greed is destroying American society. Aussie105 Apr 11 #7
One of my aunts used to sum up that attitude as wnylib Apr 11 #11
"I'm not greedy..I. just want more than my fair share." BattleRow Apr 11 #14
It doesn't have to be that way. Congress could fix all that if we demanded they do it. flashman13 Apr 11 #9
No they would not Alpeduez21 Apr 11 #12
I'm not sure how to reply. I guess you are advocating we sit on our ass and do nothing because flashman13 Apr 11 #17
Congress could fix it if our elected representatives were not beholden to Big Money interests who fund their campaigns. sop Sunday #22
We need a wealth tax. patphil Apr 11 #10
"Outlaw billionaires" Seinan Sensei Sunday #21
Recommended (#99) H2O Man Apr 11 #13
Do they pay back the loans? nt. druidity33 Apr 11 #15
Kinda, sorta. Close enough. Joinfortmill Apr 11 #16
Where do they get the money to make the loan payments? rickford66 Sunday #20
Maybe a dumb question, but: moose65 Sunday #23
Exactly. Richard58 Sunday #25
So exactly how does the scam work? Lokee11 Sunday #24
It's basically borrowing from peter to pay paul. ihaveaquestion Sunday #26
It's more than that. The rich also engage in Glaisne Sunday #27
Kick dalton99a Sunday #28
Latest Discussions»General Discussion»America's downward spiral...»Reply #27