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Still, taxes on $9500 are way lower than the $10000 you originally owed, so it sounds like a win. Until everyone starts doing this and the whole system collaps
by Firehed 14y ago
Still, taxes on $9500 are way lower than the $10000 you originally owed, so it sounds like a win.
Until everyone starts doing this and the whole system collapses, at least. That money isn't coming from thin air.
- ChristianMarks 14y agoSure it is: it's called fractional reserve banking.