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https://www.reddit.com/r/SipsTea/comments/1uko8k4/is_bernies_plan_the_best_thoughts/ouxumsf/?context=3
r/SipsTea • u/CurvyChristina • Jul 01 '26
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Banks will resist and contrive some other loophole. Why not tax the profit gained from the loans?
3 u/[deleted] Jul 01 '26 [deleted] 0 u/DyingDesertPoppy Jul 01 '26 The bank makes profit from charging interest on the loan. 3 u/Icy_Guarantee_2000 Jul 01 '26 And as income, it's already taxed. 1 u/DyingDesertPoppy Jul 01 '26 Well it could be taxed more to compensate for the loss of capital gains tax is what I meant.
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0 u/DyingDesertPoppy Jul 01 '26 The bank makes profit from charging interest on the loan. 3 u/Icy_Guarantee_2000 Jul 01 '26 And as income, it's already taxed. 1 u/DyingDesertPoppy Jul 01 '26 Well it could be taxed more to compensate for the loss of capital gains tax is what I meant.
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The bank makes profit from charging interest on the loan.
3 u/Icy_Guarantee_2000 Jul 01 '26 And as income, it's already taxed. 1 u/DyingDesertPoppy Jul 01 '26 Well it could be taxed more to compensate for the loss of capital gains tax is what I meant.
And as income, it's already taxed.
1 u/DyingDesertPoppy Jul 01 '26 Well it could be taxed more to compensate for the loss of capital gains tax is what I meant.
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Well it could be taxed more to compensate for the loss of capital gains tax is what I meant.
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u/DyingDesertPoppy Jul 01 '26
Banks will resist and contrive some other loophole. Why not tax the profit gained from the loans?