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0 pointsoh_sigh3y ago0 comments

I'd encourage you to actually research how any of this works, because you are extremely misinformed and parroting the same lines that I see repeated verbatim around the internet by other misinformed people(ie "Bezos can just borrow against stock he owns and never pay any taxes!").

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giantg23y ago

Do you have a link or can give a brief explanation? How the loans work that you say we don't understand?

oh_sighOP3y ago

Not really, because I have no idea the extent of ignorance I'm dealing with.

A simple question would be - how does the loan ever get paid off?

A simple point would be that not paying taxes on loans is not some crazy loophole that only the rich have access to. Literally anyone who has ever taken out a mortgage for a house or a loan for a car has taken advantage of this - I'd guess at least 80% of adults in America have a car or home loan.

giantg23y ago

How about a link then? It seems like you're trolling or otherwise violating the spirit of HN. I mean calling us all ignorant and uninformed, telling us that we're all wrong, then not explaining how we're wrong. In fact, your second comment conflicts with your prior one (claiming that Bezos can't borrow against stock to avoid taxes, then claiming that's exactly what people do).

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0 pointsoh_sigh3y ago0 comments

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giantg23y ago

Do you have a link or can give a brief explanation? How the loans work that you say we don't understand?

oh_sighOP3y ago

Not really, because I have no idea the extent of ignorance I'm dealing with.

A simple question would be - how does the loan ever get paid off?

giantg23y ago

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