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1. Embed this notice
   Nick (saunders@noagendasocial.com)'s status on Wednesday, 08-Nov-2023 17:58:38 JST Nick

   in reply to

   • Niclas Hedhman

   @niclas they all too conveniently write the law for their own benefit.

   • Embed this notice
     Niclas Hedhman (niclas@angrytoday.com)'s status on Wednesday, 08-Nov-2023 17:58:39 JST Niclas Hedhman

     in reply to

     @SAUNDERS

     I don't think this has been tested in the supreme court in my country, but the way I read and interpret how the laws, rules and regulations are written, it seems legit.

   • Embed this notice
     Niclas Hedhman (niclas@angrytoday.com)'s status on Wednesday, 08-Nov-2023 17:58:41 JST Niclas Hedhman

     @SAUNDERS

     Re; WSJ; "selling complex..."

     I noticed a "tax maneuver" that rich people do;
     1. Have large asset,
     2. No income = no tax
     3. Take loan against that asset
     4. Never pay back the loan, bank will take their share when you die.

     Something else possible;
     1. Inject a lot of capital (such as IP) into your firm as an interest-free loan.
     2. Repay the loan over an extended period.
     3. That is not income.
     4. Create new chunk of capital (IP) out of thin air.
     5. Goto 1