this post was submitted on 16 Apr 2024
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Canada's budget to increase taxes on the wealthiest, says source (www.reuters.com)
submitted 7 months ago by [email protected] to c/[email protected]
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[โ€“] [email protected] 3 points 7 months ago (1 children)

Until there is action taken to tax loans using stock as collateral, nothing significant will happen.

[โ€“] [email protected] 2 points 7 months ago

You're right, and this is an excellent idea. If you're turning an asset into a cashflow, it should be taxable under all circumstances.