lionkoy5555@lemmy.world to No Stupid Questions@lemmy.world · 1 month agoIs it really possible to tax the rich?message-squaremessage-square88fedilinkarrow-up1164arrow-down19file-text
arrow-up1155arrow-down1message-squareIs it really possible to tax the rich?lionkoy5555@lemmy.world to No Stupid Questions@lemmy.world · 1 month agomessage-square88fedilinkfile-text
minus-squareFourPacketsOfPeanuts@lemmy.worldlinkfedilinkarrow-up1·1 month agoAnd what exactly is the difference between a loan and a loan acting as income?
minus-squareInternetCitizen2@lemmy.worldlinkfedilinkarrow-up1·1 month agoThose loans are often several times more than the yearly income and done more frequently.
minus-squareFourPacketsOfPeanuts@lemmy.worldlinkfedilinkarrow-up1·1 month agoYou don’t have to repay income. When you repay the loan should you get the tax back?
minus-squareInternetCitizen2@lemmy.worldlinkfedilinkarrow-up1·1 month agoThe loan was used to evade taxes. Those loans on stocks are effectively turning their stocks into gains and should be taxed as such.
And what exactly is the difference between a loan and a loan acting as income?
Those loans are often several times more than the yearly income and done more frequently.
You don’t have to repay income. When you repay the loan should you get the tax back?
The loan was used to evade taxes. Those loans on stocks are effectively turning their stocks into gains and should be taxed as such.