Ray D. Madoff
More books by Ray D. Madoff…
“Loan proceeds can be used to buy houses, yachts, and other things that support the asset owner’s lifestyle.”
― The Second Estate: How the Tax Code Made an American Aristocracy
― The Second Estate: How the Tax Code Made an American Aristocracy
“Investment in capital assets, deferral, and the Angel of Death loophole together are the core of “buy, borrow, die” as a tax-planning technique.”
― The Second Estate: How the Tax Code Made an American Aristocracy
― The Second Estate: How the Tax Code Made an American Aristocracy
“As the industrialists passed wealth to their heirs, they created a new class of idle American rich, many of whom embraced aristocratic ways.”
― The Second Estate: How the Tax Code Made an American Aristocracy
― The Second Estate: How the Tax Code Made an American Aristocracy
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