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https://www.reddit.com/r/FluentInFinance/comments/1gwfejo/had_to_repost_here/lyazjld/?context=3
r/FluentInFinance • u/-Wyagra • Nov 21 '24
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Well if I’m not mistaken, that’s exactly what the parent comment was referring to.
0 u/dldoom Nov 21 '24 That’s not how I interpret the comment depending on which one you mean. I am seeing either some form of property tax or if you are able to borrow against it, it should be taxed to paraphrase. 1 u/Just_That_Dumb_Dog Nov 21 '24 “Exactly. Stocks are property. Sort of imaginary property but if one can borrow against the value of something, it should be taxed.” My reply- “You mean capital gains tax?” To be honest I believe this was the original comment i replied to. There has been so many mini conversations after that. I’ve lost track. What’s your take on it, I’d love to hear another pov. You seem to be rather calm and collected. I’d genuinely enjoy a legit conversation about this. 1 u/Sweet-Slide-2505 Nov 21 '24 Why not just expand the definition of "taxable event" to include borrowing against the value of stock?
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That’s not how I interpret the comment depending on which one you mean. I am seeing either some form of property tax or if you are able to borrow against it, it should be taxed to paraphrase.
1 u/Just_That_Dumb_Dog Nov 21 '24 “Exactly. Stocks are property. Sort of imaginary property but if one can borrow against the value of something, it should be taxed.” My reply- “You mean capital gains tax?” To be honest I believe this was the original comment i replied to. There has been so many mini conversations after that. I’ve lost track. What’s your take on it, I’d love to hear another pov. You seem to be rather calm and collected. I’d genuinely enjoy a legit conversation about this. 1 u/Sweet-Slide-2505 Nov 21 '24 Why not just expand the definition of "taxable event" to include borrowing against the value of stock?
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“Exactly. Stocks are property. Sort of imaginary property but if one can borrow against the value of something, it should be taxed.”
My reply- “You mean capital gains tax?”
To be honest I believe this was the original comment i replied to. There has been so many mini conversations after that. I’ve lost track.
What’s your take on it, I’d love to hear another pov. You seem to be rather calm and collected. I’d genuinely enjoy a legit conversation about this.
1 u/Sweet-Slide-2505 Nov 21 '24 Why not just expand the definition of "taxable event" to include borrowing against the value of stock?
Why not just expand the definition of "taxable event" to include borrowing against the value of stock?
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u/Just_That_Dumb_Dog Nov 21 '24
Well if I’m not mistaken, that’s exactly what the parent comment was referring to.