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bdangubictoday at 2:06 AM1 replyview on HN

> property, company stock, any unrealized gains in different equities, etc.

it is only “unrealized” when they have to pay taxes. but walk into a bank and ask for a loan (which is of course what they do) and all of a sudden that shit is all “realized” and here’s millions of dollars to ya…


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kadabra9today at 2:11 AM

That’s a separate discussion.

I think there should be some sort of tax penalty to borrowing against assets as a sort of infinite money glitch.

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