Hlib Chabaniuk

High-income households seldom engage in buy-borrow-die, Kyle Pomerleau notes

High-income households seldom engage in buy-borrow-die, Kyle Pomerleau notes
Few wealthy use buy-borrow-die

High-income households do not frequently utilize the buy-borrow-die approach, according to Kyle Pomerleau. The statement is based on research that indicates limited use of this financial strategy among affluent individuals.

Pomerleau highlights that some studies suggest high earners do not commonly engage in borrowing against appreciated assets and then avoiding capital gains taxes by passing on those assets after death. No further details were provided in the tweet.

Pomerleau has previously analyzed tax policy issues beyond wealth management strategies. In research with Alex Durante, he reviewed how U.S. income tax applies to gambling and flagged potential reforms. He has also clarified in separate work that land taxes do not affect incentives, highlighting property tax cuts as a key factor in changing behavior.

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