Comment on Is it really possible to tax the rich?

• InternetCitizen2@lemmy.world ⁨5⁩ ⁨weeks⁩ ago

  Those loans are often several times more than the yearly income and done more frequently.

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  • FourPacketsOfPeanuts@lemmy.world ⁨5⁩ ⁨weeks⁩ ago

    You don’t have to repay income. When you repay the loan should you get the tax back?

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    • InternetCitizen2@lemmy.world ⁨5⁩ ⁨weeks⁩ ago

      The loan was used to evade taxes. Those loans on stocks are effectively turning their stocks into gains and should be taxed as such.

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