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[-] JoeBigelow@lemmy.ca 1 points 1 week ago

How difficult would it be to enact legislation to prevent using loans against stock/assets and avoiding income/capital gains tax? Something like "if you have things worth money you need to sell them before taking a frivolous loan."? Idk I just hate that loophole

[-] Tja@programming.dev 1 points 1 week ago

Very hard, since you can just take the loan in a different country, even in USD.

Wealth tax is probably much easier.

this post was submitted on 24 May 2026
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