lmao i love when it only effects 100 million in wealth but they try to think about the average poor american family having their house appreciate
the_dunk_tank
It's the dunk tank.
This is where you come to post big-brained hot takes by chuds, libs, or even fellow leftists, and tear them to itty-bitty pieces with precision dunkstrikes.
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Maybe the better solution here is to tax business loans? That would capture the scenario where someone borrows against their unrealized gains, but wouldn’t force sale of assets and potentially cause a feedback loop which tanks the stock market.
Idk just spitballing and also talking out of my ass
Or just make it that a gain counts as realized the moment it is used to acquire a loan… yeah that’s probably easier
nobody's willing to work anymore, the just want to take handouts
I think the upper class should start proposing solutions then, if they don't like the ones going around.
They'd do well to remember what happened to the knights templar, when governments racked up high levels of debt and all wealth was being privately hoarded.
How hard would it really be for the seals to eliminate ~100 people?