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by ryandrake 656 days ago
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.
1 comments

Hahaha. You think the people in that arena don't re-invest every possible dollar for more growth as soon as it hits their pockets? Cash flow is king to be able to pay for continuing leverage.

A sudden tax bill and the end of acquiring new debt are when massive wealth unravels.

Bubbles die when cash flows dry up.