@return2ozma@lemmy.world to News@lemmy.world • 1 year agoThe world will have its first trillionaire within a decade, but poverty won't be eradicated for another 229 years, report findswww.cnbc.comexternal-linkmessage-square78arrow-up1412cross-posted to: aboringdystopia@lemmy.world
arrow-up1400external-linkThe world will have its first trillionaire within a decade, but poverty won't be eradicated for another 229 years, report findswww.cnbc.com@return2ozma@lemmy.world to News@lemmy.world • 1 year agomessage-square78cross-posted to: aboringdystopia@lemmy.world
minus-square@dis_honestfamiliar@lemmy.worldlinkfedilink13•1 year agoTo add to this, don’t forget they can borrow against this paper value. Since it’s a loan, they don’t pay taxes on it.
minus-square@Meltrax@lemmy.worldlinkfedilink14•1 year agoEven better - it’s a debt. It lowers their income to below 0. It’s a tax break.
To add to this, don’t forget they can borrow against this paper value. Since it’s a loan, they don’t pay taxes on it.
Even better - it’s a debt. It lowers their income to below 0. It’s a tax break.