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Billionaire, My Butt (lemmy.world)

submitted 5 months ago by [email protected] to c/[email protected]

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[–] [email protected] 13 points 5 months ago

Counting loans collateralized on capital assets as income, either all the time or at a loan interest rate below federal interest rates (IE, not going to beat inflation and therefore throwing money away)

There'd be exceptions for stuff like a primary home mortgage or primary car auto-loan, but this sneaky sneaky shit they try to pull where they get to just have unlimited money without ever paying the toll for "making" that much needs to be closed off.