• sunbytes@lemmy.world
    link
    fedilink
    arrow-up
    1
    ·
    8 months ago

    A lot of these stock-wealthy guys (e.g. Elon) get around taxes by taking out low interest loans against their stock.

    Is it possible he could do that instead?

    It would be a dumbass bank who would do it, but it’s not impossible.

    • nilloc
      link
      fedilink
      English
      arrow-up
      1
      ·
      edit-2
      8 months ago

      So far, only shady-ass car loan shark company has been willing to accept Donny’s collateral, maybe, unless it’s just after bribe to get them out of trouble if that dickhead manages to win the election.