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The main problem with that is that we would be collecting assets that we would then have to pay taxes on. Better to destroy the debt all together.
by RollingJubilee 14y ago
The main problem with that is that we would be collecting assets that we would then have to pay taxes on. Better to destroy the debt all together.
- TheAmazingIdiot 14y agoHave you thought about creating a non-profit (or some corporate) and actively hide behind the corporate veil? When the shit hits the fan, suddenly there's nothing under that tablecloth...
- tsotha 14y agoYou wouldn't have to pay taxes if the assets you collected were less than what you paid for debts. If they were greater, well, that would make you just another bill collector.