[nh23423fefe]

so you want to tax home equity loans or 401k promissory notes?

[plorkyeran]

401ks and loans for houses are already things which have specific tax carveouts, so the idea that those would be exceptions even if secured loans in general were taxed doesn't seem like a particularly bold idea.

[bandrami]

Yes to both, though I'm willing to listen to a carveout for HELs on primary residences (particularly if they're for improvements)