3 ms·

You pay taxes when you are paying off your loan...

• tenuousemphasis 11mo ago
  Really? What taxes?
  • Windchaser 11mo ago
    Rather, you pay taxes on the income you use to repay the loan. Plus you pay the interest on the loan. This basically defers the taxes to a later date and charges you interest for 'em. Which might be worthwhile, depending on how quickly and reliably your capital is growing.
• xjm 11mo ago
  Only if you pay it off with taxable income. If you have a lot of assets you can just refinance your loan with more debt.
  • dzhiurgis 11mo ago
    This makes no sense. How is lender going to make money?
    • AngryData 11mo ago
      They still charge interest but at a rate lower than the tax rate of earning it as income.