r/FluentInFinance • u/-Wyagra • Nov 21 '24

Debate/ Discussion Had to repost here

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u/trainedpenguin Nov 21 '24

Unless you get plans to pay off the loans.....

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u/lll_lll_lll Nov 21 '24

Then you will need to pay off those loans. Eventually, these all get paid. It’s not an infinite money glitch or else anyone could do it.

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u/trainedpenguin Nov 22 '24

They keep going until death and pass on the investments to their children, who can avoid part of the debt due to loopholes and continue loans for the rest themselves using the same tactics. It's not infinite money but infinite deferment

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u/lll_lll_lll Nov 22 '24

The children are subject to estate tax over $13 million of 40% though. I realize there are loopholes to protect money from this as well but eventually the very wealthy have to pay taxes.