> the current situation - where the ultra-wealthy don’t pay taxes because all th... | Hacker News

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		thaumasiotes 7 months ago \| parent \| context \| favorite \| on: Tell HN: Help restore the tax deduction for softwa... > the current situation - where the ultra-wealthy don’t pay taxes because all their wealth is in unrealized gain This is neither the current situation nor even a theoretical possibility.

sethherr 7 months ago [–]

Sorry, "don't pay taxes" was hyperbole - what I meant was have a lower tax rate than the rest of us.

Isn't that the whole point of all sorts of tax strategies, for instance Buy, Borrow, Die?

https://www.forbes.com/sites/davidrae/2022/07/14/how-the-ric...

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