Bottom line is that stock valuation shouldn’t be allowed to be use for collateral. If it doesn’t exist for tax purposes, then it doesn’t exist for collateral purposes. You want billions of dollars to play with? Liquidate your assets, pay your taxes, and have fun.
The system was obviously created as a tax dodge. We don’t have to act like it’s all over, they won, and there is nothing to be done. We can change it, and take away their tax dodge that is painfully parasitic on our society.
Bottom line is that stock valuation shouldn’t be allowed to be use for collateral. If it doesn’t exist for tax purposes, then it doesn’t exist for collateral purposes. You want billions of dollars to play with? Liquidate your assets, pay your taxes, and have fun.
The system was obviously created as a tax dodge. We don’t have to act like it’s all over, they won, and there is nothing to be done. We can change it, and take away their tax dodge that is painfully parasitic on our society.