[rolltiide]

I don't agree with you. I don't consider these a loophole, and I don't consider the feds the best steward of this money if these privileges didn't exist.

I think its a shame that people don't understand the tax code and express their disdain by getting their favorite politician to "tax the rich" by raising "income" taxes, because thats all their gullible constituents know about from their personal experience, and this outcome only affects wage-workers like them.

There is almost zero benefit in accurately explaining this because it might actually change.

The suggestion I responded to about borrowing instead of selling would further reduce the fed's revenue. I don't consider that a loophole either.

A loophole for me would be using inadvertent outcomes of unclear regulatory guidance in a way that people didn't expect. Or passing a law yourself and then using it.