3 ms·
tax the wealth, over %NNN million. the moment one gets a loan with shares as collateral, the wealth is measured and taxed at the real estate rate (or different
by java-man 3mo ago
tax the wealth, over %NNN million. the moment one gets a loan with shares as collateral, the wealth is measured and taxed at the real estate rate (or different).
the proceeds fund the UBI. problem solved.
- apparent 3mo agoWhat real estate rate are you referring to?
- blinded 3mo agoGuessing capital gains?
- apparent 3mo agoIs there a special rate for capital gains for real estate? I'm just confused as to why it was framed that way.
- blinded 3mo agoNo, there are provisions for not paying the tax for houses if you are a real estate professional or live in the house 3 of the past 5 years. Other examples like 1099 exchange.
- java-man 3mo agoM%