Birdwatch Note Rating
2024-07-10 07:49:07 UTC - HELPFUL
Rated by Participant: 7D578D5EF624668CE3CCC662AEA415946F453B7AB8B36B8C64A2C8DCE69BB6F6
Participant Details
Original Note:
NNN This note fails to mention the popular concept of “buy borrow die” in which the extremely wealthy never need to pay back the loans they take out or pay taxes due to a very exploitable loophole. https://www.dcfpi.org/all/how-wealthy-households-use-a-buy-borrow-die-strategy-to-avoid-taxes-on-their-growing-fortunes/
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