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Topic	Politics Containment Topic 379: Kabulshit
red sox 777 10/08/21 8:22:45 PM #309:	masterplum posted... Ok? They cant spend the money then. Thats no different from keeping money in fine Art It's not. The corporation can spend the money for them to a large extent. Once you're past a certain wealth level your spending is going to be a tiny fraction of your wealth, it's all about investment choices. And your corporation can invest as well as you can in your own name. Plus, you can take out loans from your corporation secured by your shares and spend the proceeds. Loans with very, very, very, long repayment times. When you die, your estate can pay back the loans using your shares. --- September 1, 2003; November 4, 2007; September 2, 2013 Congratulations to DP Oblivion in the Guru Contest! <cite>red sox 777 posted [p:958844895] in Politics C... [t:79667835]...</cite> <quote>masterplum posted... </cite> <quote>Ok? They cant spend the money then. Thats no different from keeping money in fine Art</quote> It's not. The corporation can spend the money for them to a large extent. Once you're past a certain wealth level your spending is going to be a tiny fraction of your wealth, it's all about investment choices. And your corporation can invest as well as you can in your own name. Plus, you can take out loans from your corporation secured by your shares and spend the proceeds. Loans with very, very, very, long repayment times. When you die, your estate can pay back the loans using your shares. --- September 1, 2003; November 4, 2007; September 2, 2013 Congratulations to DP Oblivion in the Guru Contest!</quote> ... Copied to Clipboard!
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