3 ms·

Taxing debt, the opposite of income, for sure is "innovative".

• Workaccount2 3y ago
  It's still taxing an income. The income is the difference between the markets debt price and the mortgage holders debt price. This difference is artificial and is only possible because of the feds money printer.
  • dahwolf 3y ago
    If you consider paying less an income, then all of our consumption culture would be income, as its all artificially boosted with cheap money.