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Ok. I don't mind those folks getting large rewards. I do mind when they effectively pay far lower taxes than the common man. You take out a loan on assets?
by wing-_-nuts 2y ago
Ok. I don't mind those folks getting large rewards. I do mind when they effectively pay far lower taxes than the common man. You take out a loan on assets? It should be treated the same as if you sold and took capital gains. Capital gains should be taxed as normal income above $medianHouseholdIncome.