RE: No news?3 Sep 2021 09:05
Copied from advfn
Well worth a read Https://www.zerohedge.com/markets/how-americas-ultra-wealthy-are-evading-democrats-new-taxes As many ultra wealthy Americans - those whose net worth is $20 million and over - scramble for places to hide from Democrat plans to hike their taxes, many on Wall Street think they’ve found just the thing, and as Bloomberg reports today the tax oasis is a niche strategy called private placement life insurance, which is was already gaining popularity among the very rich for its ability to shield fortunes from taxes. Advisers to the top 0.1% already say it’s dominating conversations with their clients.