bonifartius 𒂼𒄄 @bonifartius@social.cleverlibre.org

The wealthy avoid taxes using the “Buy-Borrow-Die” strategy:

Step 1: Buy assets and hold (to avoid capital gains taxes from selling)

Step 2: Borrow money from Banks for living expenses using assets as collateral, at low interest rates (while assets appreciate)

Step 3: Interest paid on borrowed money is a tax write off

Step 4: Wait and repeat. The long-term gains on assets outweigh the short-term cost of borrowing money

Step 5: Pass assets to kids, tax-free (with stepped-up basis) and repeat

Unboxing your new graphics cat

Public transport can be harsh.

@p @p LETS FUCKING GO

Welcome Back #FSE

This C64 Demo is awesome https://www.youtube.com/watch?v=2sLvJZ1fOUs

just now: stupid pet tricks with Franz.
#caturday

Got a little work done on a saw bench I'm making to double as a workbench for the toddler today. I'm about halfway through the main joinery at this point. I still have to make feet and stringers but progress is progress

@ScoWer22

My brother told me just now that the Swedish Prime Minister that EVERYONE must NOW be prepared to DEFEND the LAND.

My reaction; Well, first thing first then, Let Me Own Guns, and I will defend my 5000 sq meters.
Secondly, Defend against WHO?

Can't have THAT, can we now!

Which country is better:

@danimo

Immer wieder gern. Und nächstes Mal, nur ein gutgemeinter Tip, sei doch einfach höflich. Weniger Phrasen, weniger Aggressivität, mehr gutes Behehmen, und schon ist die Onlinewelt ein besserer Ort. =)

Searching for some information on an old piece of software and all I can find is the same paragraphs copy-pasted into a million different websites

How many countries has the US been responsible for bombing this year, in January?

Don’t bother checking the news regularly. Just take a screenshot of this toot and glance at it every once in a while.

Today’s Headlines:
- Bad Things Happened, Totally Preventable, Politicians Did Nothing
- Politicians Did Stuff That Resulted in Bad Things Happening