So if you take out a small business loan and use any type of collateral you now have to pay taxes on it? Significantly increasing the cost of borrowing for mos

So if you take out a small business loan and use any type of collateral you now have to pay taxes on it? Significantly increasing the cost of borrowing for most non large companies is certainly a great idea.. it obviously won’t lead to less competition and more concentration. > It is not messy at all If you ignore the consequences and implications (or can’t grasp them at all) then sure..