Dad buys land for $100K. Today it's worth $5M. Dad doesn't sell because selling triggers huge tax bill. Dad borrows against it instead. A loan isn't income. So no tax. Dad lives off the loans for decades. Dad dies still owning the land. Kids inhert at $5M basis.
Kids sell & owe nothing to the lRS. The $4.9M gain? Gone This is exactly what wealthy
families do to avoid taxes and build generational wealth.
...grocery shopping for office lunches, meal prepping said lunches and dinners, physically getting ready to go into an office, commuting to an office....
The wildest part about POVERTY is how much time it steals. Waiting for buses. Calling assistance offices. Comparing grocery prices. Fighting insurance. Sitting at laundromats. Being poor is a second job nobody pays you for.
I stayed at someone's house last week and they have a cat. And I never knew this but, when you go to sleep... cats just wander about the house catting all night? You can't "put a cat to bed"?! The cat just... gets the house for a while?! Fucking nuts.
Imagine if Obama was directly connected to Epstein, made $2 billion off crypto scams, grifted a $400 million plane form Arab Royals, and started and lost a war with Iran.
The only person who should be able to offend you, is you. Because you’re the only one who really knows you. Everyone else is shouting at a character they made up in their head with 99% filled in with projections from their own life.
For people who party there's a period around age 30 where friend groups split into the ones who clean up their act and the ones who ramp up the self-destruction, and it's an ugly process