It does. Not less than, from my viewpoint. It is troublesome to navigate and perceive however a basis is only a strategy to not paying taxes. Their basis and belief by no means really lose cash on the finish of the 12 months, which mainly means they aren’t actually gifting away something if not the beneficial properties they make throughout the 12 months. That cash continues to be all owned by them, so this might be seen as a strategy to keep away from taxes and management the place to place their cash.
I can, and certain am, unsuitable on many factor, however my feeling is that this simply finished so billionaire can sustain their ludicrous life model and be above the conventional tax paying work class.