And what would happen if we did?

  • @FourPacketsOfPeanuts
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    11 month ago

    And what exactly is the difference between a loan and a loan acting as income?

    • @InternetCitizen2
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      11 month ago

      Those loans are often several times more than the yearly income and done more frequently.

      • @FourPacketsOfPeanuts
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        11 month ago

        You don’t have to repay income. When you repay the loan should you get the tax back?

        • @InternetCitizen2
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          11 month ago

          The loan was used to evade taxes. Those loans on stocks are effectively turning their stocks into gains and should be taxed as such.