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by KorematsuFredt
1733 days ago
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> huge loans from banks at favorable rates then claim interest paid on taxes So what? The loan has to be paid back one way or another. Any time person sells his can of soda to pay that loan they pay taxes on those realized gains. If they used the loan money to create new business created new profits and paid the loan without selling the can of soda that even bigger win win as they created new wealth that made everyone more rich, paid more taxes, paid the loans as well. Not to mention when the can of soda is sold in future government can stil earn more tax revenue. It almost makes me thing people hate others for being wealth and somehow want to see them getting hurt rather than promiting a sensible low tax policy. Isn't the world better off because Bezos or Musk can borrow against their equity and create new companies rather than handing that money over to federal government ? What possible good can come out of giving more money to federal government ? |
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