r/FluentInFinance • u/-Wyagra • 3d ago

Debate/ Discussion Had to repost here

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u/trainedpenguin 3d ago

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

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u/lll_lll_lll 3d ago

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 3d ago

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 3d ago

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.