No. of Recommendations: 1
Good characterization of the loan part.
For the inheritance part, as only $15m is excluded from taxes, 99.99%+ of that (assuming $200b is his death estate size) will get taxed so it won't be a complete exclusion. The realization of tax revenue just happens a lot later - maybe 20-25 years from now as he's like, early 60s.
The estate tax on a $200 billion estate will be nearly $80BILLION! If Bezos lived to be 160 he would have still wound up paying $500MILLION/YEAR average tax while "paying no income tax."
Sheesh. How can you have this discussion and have post after post ignoring $80BILLION of taxes? 80-thousand $1MILLION tax payments?
I repeat: Sheesh.
