return2ozma@lemmy.world to politics @lemmy.world · 2 年前Harris Plan Would Bring Tax Increases for Richest 1% and Cuts for the Bottom 99%www.commondreams.orgexternal-linkmessage-square45linkfedilinkarrow-up1627arrow-down113cross-posted to: politics@lemmy.world
arrow-up1614arrow-down1external-linkHarris Plan Would Bring Tax Increases for Richest 1% and Cuts for the Bottom 99%www.commondreams.orgreturn2ozma@lemmy.world to politics @lemmy.world · 2 年前message-square45linkfedilinkcross-posted to: politics@lemmy.world
minus-squareEmpireInDecay@lemmy.mllinkfedilinkEnglisharrow-up85arrow-down4·2 年前It’s hard to tax income if there’s no reported income
minus-squarePlastic_Ramses@lemmy.worldlinkfedilinkarrow-up41arrow-down4·2 年前Unrealized gains tax. Lets fucking go.
minus-squareTolookah@discuss.tchncs.delinkfedilinkarrow-up51·2 年前Rewrite the laws that if it’s collateral, it’s realized.
minus-squaresnooggums@lemmy.worldlinkfedilinkEnglisharrow-up47·2 年前Tax the loans based on collateral as income and you don’t even need to figure out the value of the collateral.
minus-squareSaltySalamander@fedia.iolinkfedilinkarrow-up5arrow-down2·2 年前Then everyone taking out a home equity loan suddenly has to pay the taxes as if they sold their house.
minus-square4am@lemm.eelinkfedilinkarrow-up11·2 年前Ok so make it that equity in a primary residence is exempt.
minus-squaremetaStatic@kbin.earthlinkfedilinkarrow-up29·2 年前I just get loans on untaxed offshore collateral and write it off as a business expense like everyone else, don’t you?
It’s hard to tax income if there’s no reported income
Unrealized gains tax. Lets fucking go.
Rewrite the laws that if it’s collateral, it’s realized.
Tax the loans based on collateral as income and you don’t even need to figure out the value of the collateral.
Here we go; this guy gets it.
Then everyone taking out a home equity loan suddenly has to pay the taxes as if they sold their house.
Ok so make it that equity in a primary residence is exempt.
I just get loans on untaxed offshore collateral and write it off as a business expense like everyone else, don’t you?