Amazon founder Jeff Bezos faces backlash for arguing against higher taxes, claiming it won't benefit society. Critics call out his low tax rate and extravagant spending.
To loan against stock they use the stock as collateral. So tax the use of collateral as if it was an advance on capital gains tax. They would pay about the same as if they sold directly but with more annoying paperwork because they have to pass extra audits and shit.
Multiple ways, but that’s one big one.
To loan against stock they use the stock as collateral. So tax the use of collateral as if it was an advance on capital gains tax. They would pay about the same as if they sold directly but with more annoying paperwork because they have to pass extra audits and shit.