Alright, let’s spill some tea! We all marvel at those big billionaire names. But, beyond the glitz and glamour, how do they manage their moolah when the tax season hits?
Pull up a chair, because here’s the scoop: It’s the “Buy, Borrow, Die” strategy. Not as cloak-and-dagger as it sounds, but a well-calculated play at the tax game.
Big shoutout to Professor Ed McCaffery, who first put this under the spotlight in the roaring ’90s. And the buzz? Oh, it’s alive and kicking even today.
[Got your interest piqued? Strap in for a wild ride right here.]
