Goodie@lemmy.worldtoMicroblog Memes@lemmy.world•Let's play the rich get everything. The rules are the rich get everything. participation is mandatory.English
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1 month agoI think a law stating you can’t borrow against unrealized gains would be sensible.
You can keep your unrealized gains forever, live of your dividends for all i care, and pay no tax. But realizing them, either through selling or borrowing against, triggers a taxation.
“Yes*”
*As with all rules, it can vary by country. As I understand it, the US tends to double tax dividends, which is a rabbit hole of why the US market chases valuation so hard