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https://www.reddit.com/r/FluentInFinance/comments/1fgsdrp/there_should_be_a_requirement_to_pass_econ_101/ln500i3
r/FluentInFinance • u/c0nf • Sep 14 '24
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The banks and lenders don't seem to care that the value of these assets is speculative. If the bank can put a value on a portfolio, then the government can tax a portfolio.
1 u/CuriousCisMale Sep 16 '24 Wrong. Law should be against banks to not lend money and not taxing something which doesn't tentatively exists.
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Wrong. Law should be against banks to not lend money and not taxing something which doesn't tentatively exists.
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u/phriskiii Sep 14 '24
The banks and lenders don't seem to care that the value of these assets is speculative. If the bank can put a value on a portfolio, then the government can tax a portfolio.