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Joined 1 year ago
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Cake day: August 2nd, 2023

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  • So with a 401k loan, which is kind of this, you are limited to borrowing against it by like only up to 50% of its face value due to factors such as market volatility. And then all payments made to that loan are with alreaey taxed income, so you aren’t securing money in any way that dodges taxation.

    Also using shareholdings is no different from using a house or property as collateral… property equity has unrealized value until it is sold too. One might argue you pay property taxes on that equity, but ideally, the company behind the stocks you own pays property taxes for its ownings annually, so that’s still happening. So the real problem is large companies dodging taxes due to exploiting broken tax code loopholes.


  • I think it already is blowing up in their face, and agree fully with your sentiment. While atheists dont depend on religion to define their morals, they get the opportunity to self-define their morals. A narcissistic egotisticial born-with-a-silver-spoon person like Trump is a wolf in sheep’s clothing parading as one of them. He decays or corrupts everything he touches, and the GOP and evangelical Christians have been rubbing all up on him for 7 years. Both groups are in crisis these days.

    The GOP has no true platform beyond revenge politics, and the churches are bleeding congregation members… people leaving either because they aren’t on board the crazy train of their church peers or leave because they’ve allowed their beliefs and morals to twist out of whack in conflict of scripture.