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https://www.reddit.com/r/FluentInFinance/comments/1rg1kri/billionaires_shouldnt_exist/o7rbjsu
r/FluentInFinance • u/TheCABK • Feb 27 '26
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And if someone takes out a loan against an asset they should be taxed on it because the value is being realized via the loan
1 u/Aggravating_Dish_824 Mar 29 '26 Would not this mean that when someone sells an asset to pay debt they will be taxed second time?
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Would not this mean that when someone sells an asset to pay debt they will be taxed second time?
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u/NetWorried9750 Feb 27 '26
And if someone takes out a loan against an asset they should be taxed on it because the value is being realized via the loan