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> For example the rant about "capital gains taxes" doesn't include the reason why you can't tax something that is not sold yet. that's not some law of nature.
by bananapub 2y ago
> For example the rant about "capital gains taxes" doesn't include the reason why you can't tax something that is not sold yet.
that's not some law of nature. if they can borrow against the notional current value of something, why can't they also pay taxes then?
and the US already has taxes on something that's not sold yet - stock options.
- freefaler 2y agoThen you should tax the borrowed money at the point of borrowing. That's the problem and that's why the law is bad. And stock options law is also bad and should be changed.