produnis@discuss.tchncs.de to Lefty Memes@lemmy.dbzer0.comEnglish · 1 year agofair share?discuss.tchncs.deimagemessage-square62fedilinkarrow-up139arrow-down10
arrow-up139arrow-down1imagefair share?discuss.tchncs.deprodunis@discuss.tchncs.de to Lefty Memes@lemmy.dbzer0.comEnglish · 1 year agomessage-square62fedilink
minus-squareTurnItOff_OnAgain@lemmy.worldlinkfedilinkEnglisharrow-up2·1 year agoTrue, but that ownership gives them access to very low interest loans that they then use as spending money and don’t have to pay taxes on it https://www.businessinsider.com/american-billionaires-tax-avoidance-income-wealth-borrow-money-propublica-2021-6
minus-squareChriskmee@lemm.eelinkfedilinkEnglisharrow-up0arrow-down1·1 year agoSo what? We should take away that ownership because they can leverage it? Also the same people suggesting we tax wealth like this want to also close those “loopholes” of low interest loans on shares.
True, but that ownership gives them access to very low interest loans that they then use as spending money and don’t have to pay taxes on it
https://www.businessinsider.com/american-billionaires-tax-avoidance-income-wealth-borrow-money-propublica-2021-6
So what? We should take away that ownership because they can leverage it? Also the same people suggesting we tax wealth like this want to also close those “loopholes” of low interest loans on shares.
Yes.