Instead of taxing unrealized gains, why not disallow the top 1%, those billionaires, from using their assets (stocks, etc) as collateral and living off of loans, aka tax-free debt, just to avoid "paying their fair share".
If people like Elon, Zuckerberg, and Bezos want to live like billionaires they should have to sell some stock for realized income to do so.
npub1q9…zquha
2024-08-28 17:48:04
Author Public Key
npub1q904zjuc44pg59u5836zvde3ehqcj5z3ez25gthee4t9glc2p82sczquhaPublished at
2024-08-28 17:48:04Event JSON
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"content": "Instead of taxing unrealized gains, why not disallow the top 1%, those billionaires, from using their assets (stocks, etc) as collateral and living off of loans, aka tax-free debt, just to avoid \"paying their fair share\". \nIf people like Elon, Zuckerberg, and Bezos want to live like billionaires they should have to sell some stock for realized income to do so.",
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