Buy, Borrow, Die, Mutual Funds - You Don't Pay Tax When You Borrow

The three steps of buy, borrow, die create wealth without taxable income as our assets go up in value. In step two, when you borrow money, that's no big deal from the government's point of view because you're supposed to pay it back. But now we're borrowing money because we're wealthy and we're wealthy because our assets went up in value and no tax has been paid in this story. And then at death, your heirs are not going to face any tax as they get started on their life. They can sell your assets, pay off your debts, and with what's left over, do it again. Tax-plaining 101 works with house-dividend