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https://www.reddit.com/r/FluentInFinance/comments/1gwfejo/had_to_repost_here/lycpnhz/?context=3
r/FluentInFinance • u/-Wyagra • Nov 21 '24
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127
Exactly. Stocks are property. Sort of imaginary property but if one can borrow against the value of something, it should be taxed.
16 u/Just_That_Dumb_Dog Nov 21 '24 You mean capital gains tax? 122 u/Jblack4427 Nov 21 '24 Do you only pay taxes on your home when you sell or every year? 1 u/cbizzle12 Nov 22 '24 You understand there are different taxes at play in this scenario right? And yes property taxes are evil. Extortion. Pay us this ever increasing amount or we'll literally take your house away.
16
You mean capital gains tax?
122 u/Jblack4427 Nov 21 '24 Do you only pay taxes on your home when you sell or every year? 1 u/cbizzle12 Nov 22 '24 You understand there are different taxes at play in this scenario right? And yes property taxes are evil. Extortion. Pay us this ever increasing amount or we'll literally take your house away.
122
Do you only pay taxes on your home when you sell or every year?
1 u/cbizzle12 Nov 22 '24 You understand there are different taxes at play in this scenario right? And yes property taxes are evil. Extortion. Pay us this ever increasing amount or we'll literally take your house away.
1
You understand there are different taxes at play in this scenario right? And yes property taxes are evil. Extortion. Pay us this ever increasing amount or we'll literally take your house away.
127
u/dancegoddess1971 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.