4 ms·
>Taxes on net worth won't work because net worth is abstract If it's abstract why can you use it as collateral? You have to make up your mind, it's funny money
by libertine 5y ago
>Taxes on net worth won't work because net worth is abstract
If it's abstract why can you use it as collateral? You have to make up your mind, it's funny money or real money?
- jonfw 5y agoI can also use my word as collateral, should I be taxed on that?
- libertine 5y agoDo you think your word has the same millage has 25 million net worth. Because that's what we're talking about here. I don't know how the banking system works in the US but I doubt you'll be able to buy much money with your word alone.