testeronious@lemmy.world to Uplifting News@lemmy.worldEnglish · 2 years agoMark Cuban is ‘proud to pay’ $275.9 million in taxeswww.cnbc.comexternal-linkmessage-square38linkfedilinkarrow-up1208arrow-down117
arrow-up1191arrow-down1external-linkMark Cuban is ‘proud to pay’ $275.9 million in taxeswww.cnbc.comtesteronious@lemmy.world to Uplifting News@lemmy.worldEnglish · 2 years agomessage-square38linkfedilink
minus-squareCryophilia@lemmy.worldlinkfedilinkEnglisharrow-up1·2 years ago Just tax collateralized loans as realized gains and be done with it. This means loan interest rates and fees will shoot up, which will hurt more than just the mega rich. Maybe any loan secured with over $x in collateral triggers taxes? Or carve out mortgages and auto loans?
This means loan interest rates and fees will shoot up, which will hurt more than just the mega rich.
Maybe any loan secured with over $x in collateral triggers taxes? Or carve out mortgages and auto loans?