And what would happen if we did?

  • RecluseRamble@lemmy.dbzer0.com
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    7 hours ago

    What about loans against assets like houses? I wouldn’t consider simple house owners necessarily rich and they should be able to get a mortgage without penalty.

    • Takumidesh@lemmy.world
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      6 hours ago

      You know, you can just do things. Like, laws don’t need to be applied unilaterally. You can, at the same time, tax a 100,000,000 dollar loan, and not tax a 1,000,000 dollar loan.

      Kind of like how generally, low income people do not pay much or any income taxes, or how certain products are subject to additional sales taxes.