NoLimit, who runs the @InTheAssembly investing community with 1.5 million followers, posted the bold claim that quickly gained over 60,000 views and sparked dozens of copycat posts from a high school athlete to a Texas bakery owner. Many replies guessed strategies like the ‘buy, borrow, die’ tactic, where investors borrow against appreciating assets to avoid taxable income, with heirs getting a tax-free step-up in basis. Skeptics highlighted societal costs like roads and schools, while others joked about IRS scrutiny, reflecting widespread curiosity and frustration over legal tax avoidance.
