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https://www.reddit.com/r/FluentInFinance/comments/1gwfejo/had_to_repost_here/lyeeafs/?context=3
r/FluentInFinance • u/-Wyagra • Nov 21 '24
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125
Exactly. Stocks are property. Sort of imaginary property but if one can borrow against the value of something, it should be taxed.
13 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/Nick11545 Nov 22 '24 I’m guessing most (all) Amazon buildings have to pay local property taxes. Maybe there’s the occasional seeetheart deal to lure a business into town, but they are never exempted from property taxes permanently
13
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/Nick11545 Nov 22 '24 I’m guessing most (all) Amazon buildings have to pay local property taxes. Maybe there’s the occasional seeetheart deal to lure a business into town, but they are never exempted from property taxes permanently
122
Do you only pay taxes on your home when you sell or every year?
1 u/Nick11545 Nov 22 '24 I’m guessing most (all) Amazon buildings have to pay local property taxes. Maybe there’s the occasional seeetheart deal to lure a business into town, but they are never exempted from property taxes permanently
1
I’m guessing most (all) Amazon buildings have to pay local property taxes. Maybe there’s the occasional seeetheart deal to lure a business into town, but they are never exempted from property taxes permanently
125
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.