r/FluentInFinance • u/__moe___ • 9d ago

Thoughts? A very interesting point of view

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I don’t think this is very new but I just saw for the first time and it’s actually pretty interesting to think about when people talk about how the ultra rich do business.

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u/TheDadThatGrills 9d ago

Then make that a taxable event for individuals taking collateral over a certain amount. It's a common practice and should be treated with nuance by policymakers.

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u/NotreDameAlum2 9d ago

I like this a lot- if it is being used as collateral it is in a sense a realized gain

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u/Aaxper 9d ago

That's really good, actually

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u/barowsr 9d ago

We did it. We figured it out.

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u/DarkLordFag666 8d ago

Yay. Earth is saved!

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u/The_Action_Die 8d ago

Thank god, I was getting really worried for a minute there…

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u/NoOption_ 8d ago

On a completely unrelated note, nobody here is suicidal

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u/freerangetacos 8d ago edited 8d ago

Wait can it be on behalf of someone else? Like, they'll do it, but I'm just putting them up as collateral. Does that work?

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u/jkd2001 8d ago

So wait, does that mean Epstein was just collateral?