• SirDerpy@lemmy.world
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    2 months ago

    You can only do so much to hide your assets without rendering them valueless.

    non sequitur. My assets and earnings are concurrently mine and not mine in accordance with state and federal law. Nothing is hidden or devalued.

    • UnderpantsWeevil@lemmy.world
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      2 months ago

      The methods by which businesses evade taxation routinely place the assets out of reach for general spending and utilization. This reduces their value to the business, sometimes even beyond what they’d save if they simply ate the tax bill.

      If you’re not doing that, I’m not surprised. Its very rarely a productive proposition unless your assets are worth hundreds of millions of dollars.

      • SirDerpy@lemmy.world
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        2 months ago

        If all I ever did was tell people what I think I know then I’d never have became a millionaire, let alone protected my assets and earnings so well.

        • UnderpantsWeevil@lemmy.world
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          2 months ago

          Ah, see, I just stuck all my money in the S&P and rode the historic overblown equities returns.

          But I’m sure you’ve got a special mysterious secret that made your million a little more special.

          • SirDerpy@lemmy.world
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            2 months ago

            I just stuck all my money in the S&P and rode the historic overblown equities returns.

            Hard to beat.

            I’m sure you’ve got a special mysterious secret that made your million(s)

            Yes, in both the making and the protecting.