Comment on The rich convinced us that taxing them is too complicated but everyday people can be taxed pretty easily

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JoeBigelow@lemmy.ca ⁨1⁩ ⁨day⁩ ago

How difficult would it be to enact legislation to prevent using loans against stock/assets and avoiding income/capital gains tax? Something like “if you have things worth money you need to sell them before taking a frivolous loan.”? Idk I just hate that loophole

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