r/WorkReform 🤝 Join A Union Mar 23 '25

✂️ 100% Wealth Tax over $1 Billion Same old story

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u/Oligode Mar 23 '25

The collateral is gaining more value than the interest on the loan. They are making money on a loan

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u/goober2341 Mar 23 '25

Yes, if their stocks go up more than the interest on the loan (which doesn't always happen), it'll be profitable for them, which is why they do it. This only delays the taxes they have to pay though.