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Let's play the rich get everything. The rules are the rich get everything. participation is mandatory. (lemmy.world)
submitted 2 days ago* (last edited 2 days ago) by [email protected] to c/[email protected]
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Did I say mandatory? I meant optional! You're "free" to die in a cardboard box under a freeway as a market capitalist scarecrow warning to the other ants so they keep showing up to make us more!

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[-] [email protected] 72 points 1 day ago

I don't agree with unrealized gains taxes in general, but the instant they are used as collateral, or if value in any way is extracted from them (even loan value), they become realized gains, and should be taxed.

[-] [email protected] 3 points 20 hours ago

Simply tax it as if it underwent a buy/sell/trade. Capital gains and losses are accounted for in that at the time the value is utilized. They are tracked, and you don't pay them later.

Reasonable home ownership (only home) could be exempted.

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this post was submitted on 19 Sep 2024
1561 points (96.8% liked)

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