Yes, but you are taxing 300+ p/e bubble stocks. What happens when they go to 30 after speculation? We refund the billionaire on wealth that didn’t exist?
We start by taxing shares used as collateral for loans. We need to disincentivize that trick that allows them to pay lower taxes by not actually selling shares. If it can be used as collateral, it has a value and should be taxed as if it were a sale of the shares.
Yes, but you are taxing 300+ p/e bubble stocks. What happens when they go to 30 after speculation? We refund the billionaire on wealth that didn’t exist?
We start by taxing shares used as collateral for loans. We need to disincentivize that trick that allows them to pay lower taxes by not actually selling shares. If it can be used as collateral, it has a value and should be taxed as if it were a sale of the shares.
Unless you propose some viable alternative you’re just concern trolling for the benefit of billionaires. 🤷♂️
And until you come to with a solution you are advocating for economic collapse trying to extract money from wealth that really didn’t exist.
There it is. You have no plan but you don’t want to disrupt billionaires. You are an enemy of the working class. Simple as that. 🤷♂️