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How to not pay your taxes legally, apparently

(mrsteinberg.com)
113 points jimhi | 4 comments | 05 Jul 25 18:21 UTC | HN request time: 0.645s | source
1. HWR_14 ◴[05 Jul 25 22:46 UTC] No.44476184[source]▶
I don't understand how Thiel was able to buy his PayPal shares using a Roth. I thought you aren't allowed use your Roth to invest in a company you work for.

Can someone who knows more than me explain where I am wrong?

replies(2): >>44476341 #>>44476948 #
2. jimhi ◴[05 Jul 25 23:20 UTC] No.44476341[source]▶
He was originally a big investor not a founder (or at least set it up to look that way)
3. gamblor956 ◴[06 Jul 25 01:16 UTC] No.44476948[source]▶
You can't anymore because of Thiel. He's the reason they closed the loophole.
replies(1): >>44478271 #
4. HWR_14 ◴[06 Jul 25 06:17 UTC] No.44478271[source]▶
That makes sense. Thanks.