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Who exactly is pulling the strings?


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2021 May 15, 8:29pm   127,471 views  1,168 comments

by Patrick   ➕follow (60)   💰tip   ignore  

OK, as soon as it starts to become apparent to everyone that Fauci is responsible for creating the CCP/Wuhan virus then suddenly the whole world is dropping mask mandates.

WTF?

How can global policy and media across the world be so coordinated?

Kind of makes one tempted to believe in "conspiracy theories".

I really do think there is a cabal of billionaires who own the media and the government and which shifts course when things start to get hot, like right now. They are not "the Jews" but a collection of billionaires from many countries. Many of them are Jewish, but many are not.

Can we identify them by name? Bezos and Gates for sure, but what are the other names? I would especially like to know the names of the ones that desperately want to remain hidden. Klaus Schwab? Top leaders in China like Xi Jinping?






https://scholar.princeton.edu/sites/default/files/mgilens/files/gilens_and_page_2014_-testing_theories_of_american_politics.doc.pdf?source=patrick.net


Multivariate analysis indicates that economic elites and organized groups representing business interests have substantial
independent impacts on U.S. government policy, while average citizens and mass-based interest groups have little or no
independent influence.

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62   Patrick   2021 Dec 7, 5:14pm  

That's possible. I think the technology is not too hard.

I'm skeptical of the claims that the vaxx can control people's thoughts, but as for marking them or making it possible to kill them with a signal, it is at least technically feasible.
63   Booger   2021 Dec 7, 5:34pm  

Patrick says
Pfizer's CEO is Greek.


A Greek Jew
https://en.m.wikipedia.org/wiki/Albert_Bourla?source=patrick.net

Bourla was born and raised in Thessaloniki, Greece. His parents, who were Sephardi Jews, were among the 2,000 of 50,000 Jews in Thessaloniki to survive the Holocaust.
64   Booger   2021 Dec 7, 5:38pm  

Patrick says
No one named "Xavier" is Jewish.


That one would be correct.
65   AmericanKulak   2021 Dec 7, 7:44pm  

(((Fauci)))
(((Gates)))
(((Rockefeller)))
(((Ghebreyesus))) - Eithiopian China-selected WHO Chief
(((Alex Gorsky))) - outgoing J&J CEO
(((Stéphane Bancel))) - Moderna CEO
(((Joaquin Duato))) - incoming J&J CEO
(((Matt Hancock))) - British Health Minister who violated own Lockdown rules by visiting Mistress
(((Sajid Javid))) - Current UK Health Minister
(((Gladys Berjekian))) - Australia New South Wales Premier (Governor)
These are off the top of my head.

In fact, here's "Event 201" - a Pandemic Response Exercise held at John Hopkins in October 2019.
https://www.centerforhealthsecurity.org/event201/photos.html?source=patrick.net
I remember from Alex Jones in the Obama Era, these "Plandemic" exercises have been going on since at least then. And the Predictive Programming of movies like "Outbreak"

Even 201 included (((Gao))), the leader of the Chinese "CDC".

The Most Interesting Person is Avril Haines...
https://www.centerforhealthsecurity.org/event201/players/haines.html?source=patrick.net

She was Obama's Assistant, Deputy National Security Advisor, and current Director of National Intelligence. While she is half-Jewish, her non-Jewish father is an Old Yankee, raised by Alexander Hamilton's widow.
66   AmericanKulak   2021 Dec 7, 7:46pm  

Bd6r says
#11 is fake news as well. It is a large team that creates any vaccine, not "a joo". And naming the "evil joo" would be good as well. Since they don't name him, they likely have no idea.

Also, I am not sure if J&J CEO is a Jew.


Correct. The Pfizer Vax is actually purchased/co-developed by BioNTech, a recent European company founded by Wealthy Germans and Turks and strongly underwritten by EU Grants and other investments.
67   Reality   2021 Dec 7, 8:07pm  

Let's not make a bankster scam into an "evil joo" thing again. It wouldn't surprise me if the banksters are behind the "evil joo" propaganda because statistically Jews have higher saving rate (Israel has average saving rate around 24% of their income, compared to 8% for most of Europe and 6.8% for the US) therefore promoting hate towards Jews and then killing average middle class and upper-middle class Jews en masse (i.e. another Holocaust) would benefit the banksters, who then don't have to pay back the deposits or life insurance policies. Bernie Madoff was Jewish himself, but his scam was a bankster scam and a large cross-section (if not a slight majority) his victims were Jewish; calling Madoff's scam or todays Covid-Vaxx scam an "evil joo" thing would only side-track the topic and benefit the real scammers (including the Swiss bankers behind the WEF) who are out to kill average (and above-average) Jews along with the average middle-class and upper-middle class in every nation/ethnicity.

The relatively high percentage of Jewish intellectuals in most societal upheavals in the past few hundred years can be easily explained by:
1. Jews have higher average IQ therefore would be over-represented in the leadership (management-level, not necessarily top leadership) on both/all sides of conflicts;
2. Jewish parents put too much pressure on kids, resulting in many of them with middling IQ's in the 100-120 range being seduced by money and power monopolies after proving unable to compete in the competitive market place based on their own talents. e.g. Wallenski, having been only able to get into 2nd or 3rd rate colleges at the time of relatively fair open field college admission process, then after graduating college would have to prostitute themselves in order to punch above their intellectual weight later in life. Likewise for Fauci, who is not a Jew himself but also from a culture that put high pressure on kids.
3. Being a minority with a religious/cultural presumption of "chosen," easily seduced by the idea of not treating other people as people but as cattle; i.e. weaker sympathy towards other people, especially out-group people. This last trait is a little like the Germans growing up in the late 19th and early 20th century under the whip started to believe in themselves as "ubermensch," essentially psychopathy after being bullied in childhood; when a large population is raised that way, a small percentage of them becoming real horrendous psychopaths is a guarantee; the evil-doers only need to wait and collect those poisonous fruits. In reality, in a banksters' world, being "chosen" is actually a sad fate: a little like the cattle being "chosen" to aggregate nutrients from the grass then get slaughtered for its accumulated meat and fat.
68   Bd6r   2021 Dec 7, 8:18pm  

Reality says
Let's not make a bankster scam into an "evil joo" thing again. It wouldn't surprise me if the banksters are behind the "evil joo" propaganda because statistically Jews have higher savings (Israel has average savings rate around 24% of their income, compared to 8% for most of Europe and 6.8% for the US) therefore promoting hate towards Jews and then killing average middle class and upper-middle class Jews en masse (i.e. another Holocaust) would benefit the banksters, who then don't have to pay back the deposits or life insurance policies. Bernie Madoff was Jewish himself, but his scam was a bankster scam and a large cross-section (if not a slight majority) his victims were Jewish; calling Madoff's scam or todays Covid-Vaxx scam an "evil joo" thing would only side-track the topic and benefit the real scammers (including the Swiss bankers behind the WEF) who are out to kill average (and above-average) Jews along the average middle-class and upper-middle class in every nation/ethnicity.

+ most if not nearly all of this anti-joo propaganda is factually flawed, as seen from above example. In many cases, people who are said to be evil joos turn out to be as evil gentiles.
If WE go down the rabbithole of blaming a specific ethnicity for our problems, then we behave exactly like BLM
69   Patrick   2021 Dec 7, 9:06pm  

Booger says
A Greek Jew


OK, you're right there. He is Jewish.
70   Patrick   2021 Dec 8, 11:17am  

https://nitter.pussthecat.org/RWMaloneMD/status/1468596569138151443?source=patrick.net#m


Robert W Malone, MD
@RWMaloneMD
4h
Coordinated censorship and propaganda are getting worse. "Balanced" data-based evaluation and discussion concerning COVID-19 Rx and vax are now banned. There is no objectivity allowed. Only "the word" according to Oligarchs, Investment funds, Big Pharma and servile politicians.
3:01 PM · Dec 8, 2021
71   Patrick   2021 Dec 8, 11:47am  


During the pandemic, the pharmaceutical giant Pfizer quadrupled its revenues from vaccines, and is now looking at $33.5 billion in 2021 from Covid vaccine sales alone (for comparison, a normal pre-pandemic year Pfizer averaged around $50bn in revenue, across all its products). The Covid vaccines indeed look like a juicy boost.

Rebecca Robbins and Peter Goodman report for the New York Times that the U.S. paid Pfizer around $20 per dose delivered, with Israel even worse with $30 per dose. Pfizer expects to deliver about 2 billion doses this year, at somewhere between $10-$15 in revenue per dose (as it shares revenue with BioNTech) for a neat $20 or $30 billion of revenue – a 40-60% boost to pre-pandemic revenue. ...

What’s most disturbing, of course, is that the very media outlets least likely to approve of pharmaceutical companies making billions – The New York Times, The Guardian, MSNBC etc – are the ones loudest shouting for vaccine mandates. On the other hand, they run articles denouncing the many billions that pharma companies are making from Covid vaccines (here, here, or here). ...

All they had to do for the chips to fall where they did was to convince enough people and politicians that this was a terrible disease, that no other protection works, and that recurring booster shots are the only “scientific” way out.

Of the many odd events in the last 20 months is that the CDC still refuses to offer practical advice that seems to work well – go outside, get exercise, ensure you’re not Vitamin-D deficient. To quote Bret Weinstein, a pariah of the corporate press, why are we not picking the low-hanging fruit before we go after excessively complicated and poorly working medical interventions like rushed and experimental vaccines?

Why should we unquestioningly believe a government that has routinely, incessantly, and carelessly hid information, issued faulty claims, and at every step of the way prevented truthful and accurate information from reaching the public?

Plenty of other medications seem to have a protective effect against Covid-19 and many of its consequences. The laughable “horse dewormer” debacle over Ivermectin is a good example. A recent study in The Lancet shows that Fluvoxamine, another cheap and readily available drug, seems to work well against Covid. What do these treatments have in common? They’re cheap, off-label, widely accessible – and don’t massively boost the revenue of Big Pharma.

None of this is proof of foul play, but it sure feels like the circumstantial evidence is piling up. I’m not saying we have a smoking gun. I’m not saying there were dark rooms with despicable people smoking cigars and dreaming about billions of new pharma dollars. But given the corruption in American politics, in its bureaucracy, and most importantly in its media and academic establishments, is it inconceivable to suggest that maybe Big Pharma wanted its share of the as-a-Service-revolution?


It's proof, and the people involved must be tried and face the penalty for this epic crime.
74   Patrick   2021 Dec 17, 6:28am  

I think it's the Islamic "hamsa" hand symbol, which is supposed to protect from evil:



But in any case, it's clearly not "The Joos" organizing all this. Israel has been vaxxed up the wazoo and all it got them was a huge increase in cases and deaths.

It's the corporate oligarchy and their satanic government agents: Bill Gates, Jeff Bezos, Pfauci, Collins, Bourla, etc etc.

Lots of them are Jewish, but more of them are not.
75   GNL   2021 Dec 17, 6:36am  

Patrick says
Lots of them are Jewish, but more of them are not.

Is it the number of each race/religion that matters or which race/religion has the most power?
76   Patrick   2021 Dec 17, 6:52am  

What matters is what the oligarchy is doing to us all, regardless of their religion or race.
77   Patrick   2021 Dec 17, 8:49pm  

https://childrenshealthdefense.org/defender/rfk-jr-the-real-anthony-fauci-bill-gates/?utm_source=patrick.net&utm_campaign=patrick.net&utm_medium=patrick.net


Bill Gates and Anthony Fauci have created a formidable public-private partnership that wields incredible power over the American public, along with global health and food policies.
Inspired by Rockefeller’s business model, Bill and Melinda Gates donated $36 billion worth of Microsoft stock to the Bill & Melinda Gates Foundation (BMGF) between 1994 and 2018.
Gates also created Bill Gates Investments (BGI), which predominantly invests in multinational food, agriculture, pharmaceutical, energy, telecom and tech companies with global operations.
Gates strategically targets BMGF’s charitable gifts to give him control of the international health and agricultural agencies and the media, allowing him to dictate global health and food.
Fauci and Gates met in person, shaking hands in 2000 in an agreement to control and expand the global vaccine enterprise.
You can read all of the details in Robert F. Kennedy Jr.’s best-selling book, “The Real Anthony Fauci,” which contains more than 2,200 footnotes of referenced data.
79   richwicks   2021 Dec 21, 7:00pm  

Patrick says
Wow, so much just wrong in that.

Think about it. No one named "Xavier" is Jewish.


@Patrick.

I remember reading that, and then racking my mind tying to find a counter example and I did, but I couldn't find your post. Anyhow, there's Xavier Malina, who is the son of Roger Malina:

https://en.wikipedia.org/wiki/Roger_Malina?source=patrick.net#Personal_life

Who is the husband of Christine Maxwell

https://en.wikipedia.org/wiki/Christine_Maxwell?source=patrick.net

Who is the sister of Ghislaine Maxwell:

https://en.wikipedia.org/wiki/Ghislaine_Maxwell?source=patrick.net
80   FortwayeAsFuckJoeBiden   2021 Dec 21, 9:53pm  

Look who is stealing all the money. Black rock Financial, big pharma too.

We getting fucked by these
83   Patrick   2021 Dec 22, 4:05pm  

Yes, the locus of evil seems to Blackrock (CEO Larry Fink) and Vanguard (CEO Mortimer J. Buckley).
84   Patrick   2021 Dec 22, 4:07pm  

richwicks says
Xavier Malina


Just because he's married to Christine Maxwell does not make him Jewish.

Xavier is Spanish for "savior", very Christian name.

Ghislaine herself is technically not Jewish, because her mother was not.
85   richwicks   2021 Dec 22, 4:13pm  

Patrick says
richwicks says
Xavier Malina


Just because he's married to Christine Maxwell does not make him Jewish.


Yes it does. That's the rules of Judaism according to Israel - you're Jewish if your mother is. Judaism is a RACE, it's not a religion. Einstein was more or less an atheist, was he Jewish or not?

Patrick says
Xavier is Spanish for "savior", very Christian name.

Ghislaine herself is technically not Jewish, because her mother was not.


Well... You're right about that.
86   Patrick   2021 Dec 22, 4:30pm  

I'm saying Xavier is not Jewish. Who he married is irrelevant (unless he converted to Judaism for the marriage).

Judaism is a mostly-closed ethnic group, like the Armenians, the Parsis, etc. But not entirely closed. People can and do join, so it's not quite a race.

There were enough converts to Judaism in the Roman Empire that the Romans made a law against it. Must have been quite a few for them to do that.
87   Patrick   2022 Jan 6, 2:52pm  

We should not forget the amorality of the PR agencies, for example Publicis:

https://infogalactic.com/info/Publicis?source=patrick.net

If you pay them enough, they will arrange for Wikipedia articles to change, and for journalists to spin stories your way.
89   Patrick   2022 Jan 14, 12:08am  

Maybe nobody is pulling the strings. It's just opportunists who appeal to billionaire prejudices.

https://www.unz.com/isteve/theres-no-inner-party-just-a-free-for-all-for-the-gigabux/?source=patrick.net


Before Floyd’s death, Candid found that philanthropies provided “$3.3 billion in racial equity funding” for the nine years from 2011 to 2019. Since then, Candid calculations revealed much higher totals for both 2020 and 2021: “50,887 grants valued at $12.7 billion” and “177 pledges valued at $11.6 billion.”

That sounds like a 30-fold increase in funding for racial wokeness activists. That’s going to pay for a whole bunch of Mini Ibram X. Kendis, all handed a platform and a megaphone, but all desperately worried that their current cushy gig won’t get funded again in a few years when billionaires move on to the next social justice fad. So, they will be desperately trying to Keep Up the Crisis forever.

Among the top funders, according to Candid’s calculations, are the Ford Foundation, at $3 billion; Mackenzie Scott, at $2.9 billion; JPMorgan Chase & Co. Contributions Program, at $2.1 billion; W.K. Kellogg Foundation, $1.2 billion; Bill & Melinda Gates Foundation, $1.1 billion; Silicon Valley Community Foundation, $1 billion; Walton Family Foundation, $689 million; The William and Flora Hewlett Foundation, $438 million; and the Foundation to Promote Open Society, $350.5 million.

There are Democratic strategists who worry about unintended political consequences that could flow from this surge in philanthropic giving. Rob Stein, one of the founders of the Democracy Alliance, an organization of major donors on the left, argued in a phone interview that while most foundation spending is on programs that have widespread support, “when progressive philanthropists fund groups that promote extreme views like ‘defunding the police’ or that sanction ‘cancel culture,’ they are exacerbating intraparty conflict and stoking interparty backlash.” The danger, according to Stein, is that “some progressive politicians and funders are contributing to divisiveness within their ranks and giving fodder to the right.” …

Elites don’t really have a carefully worked-out Plan for what will happen next. Indeed, besides not having much of a Plan, they barely have a clue. Elites mostly just have bigoted emotional reactions that can be exploited on the fly by the self-interested.
90   AmericanKulak   2022 Jan 15, 6:48pm  

One country allows it's minority to buy and sell and travel freely
Another forbids the buying, selling, and travel of minorities.

Guess which one is called "Apartheid State"?
https://www.aljazeera.com/amp/news/2018/12/31/palestinian-sentenced-to-life-for-selling-land-to-israelis?source=patrick.net
91   Onvacation   2022 Jan 15, 7:19pm  

Patrick says
Mackenzie Scott,


Much has been written about the extraordinary grant making of businesswomen, MacKenzie Scott. With a net worth of $65.3B, there are a lot of MacKenzie Scott funds available. Scott is a member of the Giving Pledge. When she signed the pledge she said: "I have a disproportionate amount of money to share.

https://bloomerang.co/blog/5-tips-to-help-your-nonprofit-receive-mackenzie-scott-funds/?source=patrick.net
"businesswoman", a blowjob for Bezo's turns into billions for black lives matter.
92   AmericanKulak   2022 Jan 15, 7:43pm  

Take a look at Jobs' ex-wife. Same shit.

I put up a link a long while back about how it's all these SFBA Tech Exes paying out to Wokey Dokey.
93   AmericanKulak   2022 Jan 15, 7:44pm  

Onvacation says
Patrick says
Mackenzie Scott,


Much has been written about the extraordinary grant making of businesswomen, MacKenzie Scott. With a net worth of $65.3B, there are a lot of MacKenzie Scott funds available. Scott is a member of the Giving Pledge. When she signed the pledge she said: "I have a disproportionate amount of money to share.

https://bloomerang.co/blog/5-tips-to-help-your-nonprofit-receive-mackenzie-scott-funds/?source=patrick.net
"businesswoman", a blowjob for Bezo's turns into billions for black lives matter.


Equity-oriented non-profits working in areas that have been neglected will get more support, including some truly transformative gifts.
High-impact nonprofits in categories and communities that have been historically underfunded and overlooked will take priority.
Ms. Scott is a firm believer that higher education is a proven pathway to opportunity, so 2- and 4-year institutions successfully educating students who come from communities that have been chronically underserved will receive significant funding.
Ms. Scott is concerned about discrimination against ethnic and religious minorities, so nonprofits bridging divides through interfaith support and collaboration will benefit.
Smaller arts organizations will be funded because they benefit artists and audiences from culturally rich regions and identity groups that donors often overlook.

In other words, Communists and Left Wing Ethnic Artfags.
94   Patrick   2022 Jan 16, 12:00pm  

https://www.americanthinker.com/blog/2022/01/mustsee_video_in_the_dutch_parliament_speaking_truth_to_power.html?source=patrick.net


original link



In the midst of this upheaval, a young man named Gideon van Meijeren was recently elected to the Dutch Parliament. It’s very likely that his candidacy reflects Dutch citizens’ increasing disgust with the government’s endless extensions of its newly acquired COVID power over the people.

A video is circulating showing van Meijeren, during his first official appearance in Parliament, asking Prime Minister Rutte a question. It’s a brilliant video because van Meijeren sticks to his guns as the Prime Minister sneers at him and at all those who are no longer on board with the world establishments’ COVID narrative. You will witness one of the great moments of someone truly speaking truth to power. Also, for an added smile, be sure to keep your eyes on the young woman sitting behind van Meijeren.

I’m not sure when van Meijeren took his stand but perhaps it’s no coincidence that, on January 14, the government abruptly announced that it was walking back its restrictions on shops, gyms, and hairdressers—although it is forcing bars, restaurants, cafes, and “cultural establishments to remain closed until January 25 at the earliest. Why restaurants are more dangerous than shops and hairdressers will forever be a mystery.

Incidentally, young van Meijeren’s willingness to be a maverick is something that (thankfully) more young people are embracing. The New York Post profiled five college students who have had it with the woke culture on their campuses and are speaking up. Likewise, on Friday, Tucker Carlson spoke with a young Republican activist who thumbed his nose at the January 6 committee in wonderful fashion.

If we are to emerge from this attempt by the world’s totalitarians (an amalgam of billionaires, millionaires, and leftists) to weaponize COVID and wokeness to end the democratic republics that have held sway for more than 200 years, and to reinstate the totalitarianism that has been the world’s norm for most of humankind, the only way to do it is to push back: Refuse to be silenced, ridicule these self-styled “elite,” speak the truth whenever and wherever you can, and just say “no,” as Martin Luther King and Gandhi both did (and that’s true regardless of how one feels about their politics). We’re in a war of ideas and our ideas win only if we speak them loudly and proudly.
95   komputodo   2022 Jan 16, 8:01pm  

Patrick says
People can and do join, so it's not quite a race.

Like Sammy Davis Jr. and Whoopi?
96   Patrick   2022 Jan 16, 8:11pm  

Yes, like Sammy. I don't think Whoopi converted.
98   Patrick   2022 Jan 21, 12:14pm  

https://naomiwolf.substack.com/p/thinking-like-a-tyrant?source=patrick.net


What happened in the seventy-plus years since the end of the Second World War, is that an elite international class of technocrats, EU bureaucrats, global nonprofit leaders and international investors has developed, in which allegiance to the relationships, programs, profits and outcomes of that global class is more immediate and important to its members, than are any of the relationships, allegiances, rights, property and outrage of their fellow countrymen and women.

To these people, the nation-state — even one’s own nation-state of origin — is an artifact; a secondary, sentimental add-on. What really matters are other global elites in one’s social circle and business network, and the valuable relationships one can create with them. One’s “ordinary” countrymen and women recede and become theoretical. And the constant message one receives from one’s peers and from the elite meta-national culture, is that those “ordinary” men and women simply are not as smart or well educated as one’s meta-national peers, and so it would be a disaster to let them make their own decisions. One is saving them from their own fecklessness, ignorance and shortsightedness, by deciding for them.

What does this have to do with cruelty?

As the Milgram experiments showed, if you are far from seeing the victim whom you are harming, and you have an authoritative directive to harm that victim, then easily enough, “normal” people conveniently become monsters and abusers. And thus, many global elites who are lovely people one on one, nice to their kids, and so on, can execute vast cruelty without even noticing.

That is the situation of the new elite class and the cultural and economic environment I am describing below. It set the groundwork for the extraordinary global cruelty from these meta-national elites to men and women in the street. It set the stage for the cruelty of the lockstep “COVID policy” in which we presently find ourselves. ...

This is just one example of how great evil — evil at a national level — can easily be done: by distance, and by condescension, and by the creation of a meta-national community who see and hear and are answerable only to each other; but who do not see, or in any way respect, the rights of nations; or the rights of self-determination of elders, of voters, of property; of you or of me.

So — evil is not what you think. It need not be a goose-stepping soldier, or an official knocking at your door, wearing jackboots. To understand how COVID policy can be so coordinated and so cruel and so Neo-fascistic, we need to understand these realities.

Evil can come in the form of a well-dressed man or woman, far from any traditional loyalties or decencies, passing you the sherry.
99   Patrick   2022 Jan 21, 3:04pm  

https://americansfortaxfairness.org/issue/top-10-american-billionaires-get-1-billion-richer-every-day/?source=patrick.net


Collective Fortune of 10 Richest Americans More Than Doubled Since Start of the Pandemic in March 2020, to $1.35 Trillion; With Every Passing Second, $12,600 Wealthier

As the World Economic Forum, criticized “as an elitist gathering of the super-rich,” met virtually this week, the wealth of America’s 10 richest billionaires reached $1.35 trillion, more than doubling since the beginning of the pandemic. Their $731 billion increase in wealth means they have added a billion dollars to their collective fortune every day between the beginning of the pandemic on March 18, 2020, and January 18, 2022, according to a new report from Americans for Tax Fairness analyzing Forbes data. That leap in riches equals roughly $12,600 a second, or an average of $1,260 per second per billionaire. [See tables below and here.] ...

Under current law, much of the huge pandemic rise in billionaire wealth may never be taxed. That would change if Congress included the Billionaires Income Tax proposed by Senate Finance Committee chairman Ron Wyden in the Build Back Better legislation now before the U.S. Senate. The Billionaires Income Tax would close the loophole that allows billionaire wealth gains to go tax-free by taxing the annual increase in value of billionaire assets, such as corporate stock. Now such gains are only taxed if the underlying assets are sold. If billionaires instead hold onto their assets until death—something they can do by living off cheap loans—those lifetime gains are never taxed.


And from a linked article:


“Stepped-up basis” is a huge tax loophole for rich people that allows them to avoid
taxes on investment gains for their entire lives and pass those assets onto heirs who
will never be taxed on that increase in value of the assets.
100   Eric Holder   2022 Jan 21, 5:10pm  

Patrick says

“Stepped-up basis” is a huge tax loophole for rich people that allows them to avoid
taxes on investment gains for their entire lives and pass those assets onto heirs who
will never be taxed on that increase in value of the assets.


Who said you can't do it too?
101   Patrick   2022 Jan 21, 5:13pm  

I think amounts in the billions should pay some tax, even if I can get the benefit for amounts a thousand times smaller.

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