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by ryandrake
656 days ago
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Also, a household worth $100M is not going to suddenly be starving come tax time. And, they'll know in advance how much they need to pay because they have a CPA or a private wealth manager at the bank who can just tell them and set aside the money for April. |
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A sudden tax bill and the end of acquiring new debt are when massive wealth unravels.
Bubbles die when cash flows dry up.