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Comment by BugsJustFindMe

2 days ago

The obvious correct solution is to tax securities-backed loans the same as selling the securities.

Security backed loans for what though? Personal spending? Building a factory to great jobs?

  • > "Security backed loans for what though? Personal spending? Building a factory to great jobs?"

    Income for what though? Personal spending? Building a factory to great jobs?

    Capital gains for what though? Personal spending? Building a factory to great jobs?

    Property for what though? Personal spending? Building a factory to great jobs?

    Inheritance for what though? Personal spending? Building a factory to great jobs?

    What a strange question.

no more obvious than taxing against the whole value of the asset rather than just the loan.