lionkoy5555@lemmy.world to No Stupid Questions@lemmy.world · 8 days agoIs it really possible to tax the rich?message-squaremessage-square88fedilinkarrow-up1165arrow-down19file-text
arrow-up1156arrow-down1message-squareIs it really possible to tax the rich?lionkoy5555@lemmy.world to No Stupid Questions@lemmy.world · 8 days agomessage-square88fedilinkfile-text
minus-squareFourPacketsOfPeanuts@lemmy.worldlinkfedilinkarrow-up1·7 days agoAnd what exactly is the difference between a loan and a loan acting as income?
minus-squareInternetCitizen2@lemmy.worldlinkfedilinkarrow-up1·7 days agoThose loans are often several times more than the yearly income and done more frequently.
minus-squareFourPacketsOfPeanuts@lemmy.worldlinkfedilinkarrow-up1·7 days agoYou don’t have to repay income. When you repay the loan should you get the tax back?
minus-squareInternetCitizen2@lemmy.worldlinkfedilinkarrow-up1·7 days agoThe loan was used to evade taxes. Those loans on stocks are effectively turning their stocks into gains and should be taxed as such.
And what exactly is the difference between a loan and a loan acting as income?
Those loans are often several times more than the yearly income and done more frequently.
You don’t have to repay income. When you repay the loan should you get the tax back?
The loan was used to evade taxes. Those loans on stocks are effectively turning their stocks into gains and should be taxed as such.