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A comment on Uber will charge significantly more per trip as new Seattle law goes into effect. Parent comment

Re:Uber will charge significantly more per trip as new Seatt... by arcticbull on Thursday December 31, 2020 @04:48PM (#25597546)
Thing is capital gains literally never have to be realized. You can borrow against your equity position on margin (currently 0.75% for large withdrawals) and pay off the interest with dividends.

Source: i do this.

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Re:Uber will charge significantly more per trip as new Seatt... by philwelch on Thursday December 31, 2020 @04:52PM (#25597586)
That seems like a much fairer and easier loophole to fix than trying to tax unprofitable corporations to penalize them for reinvesting in themselves.
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Re:Uber will charge significantly more per trip as new Seatt... by arcticbull on Thursday December 31, 2020 @06:17PM (#25598375)
Good luck passing a wealth tax, but I'm all for it.
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