You know, every time this is brought up, a small part of me dies.
People bring up a loophole that does exist, and assume that everyone uses it. Welp, like most of these "1%" discourse, its pretty damn rare.
https://taxprofblog.aals.org/2026/06/16/fox-and-liscow-the-r...
> If buy-borrow-die were the dominant playbook, the rich would be leveraging aggressively against their ballooning portfolios. They aren’t. Borrowing against unrealized gains is, if anything, more of a middle-class habit than a billionaire one.