this post was submitted on 24 Nov 2024
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[–] [email protected] 6 points 4 weeks ago

That’s an insightful point, and honestly taxing those loans as realized gains sounds entirely reasonable. It’s good for the lenders because of reduced risk, it’s good for the rich because it keeps them honest, and it’s good for the public because we gain increased tax revenue from those who can most afford it. Nice!