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There is no law of nature that says only income can be taxed. Loans could be taxed.
by janalsncm 4y ago
There is no law of nature that says only income can be taxed. Loans could be taxed.
- bmitc 4y agoYou totally get it, and I really like the law of nature phrasing.
- WalterBright 4y agoHow about taxing your mortgage, then?
- janalsncm 4y agoThat could be a law. It would be a bad law for most people since they don’t own any houses. Taxing loans to billionaires is a good law because it closes the “just take out a loan” loophole.