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A comment on Google Cuts Jobs in Engineering and Other Divisions. Parent comment

Re:Google Cuts Jobs in Engineering and Other Divisions by RestlessMind on Thursday January 11, 2024 @04:57PM (#38959830)
Why not treat collateralization the same as a sale? Bezos puts 1B worth of AMZN as collateral? Sure, but now treat that as a capital gains event and trigger appropriate taxes.

When the loan is repaid and AMZN is uncollaterized, treat it as a new buy event with a new cost basis.

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Re:Google Cuts Jobs in Engineering and Other Divisions by kuchenbecker on Friday January 12, 2024 @10:58AM (#38969612)
I have no expertise in the matter, but largely agree "realization" should be when "value is assessed and used for gain" and not a strict sale. That being said, I don't want the Pandora's box of redefining "realization" opened.
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Re:Google Cuts Jobs in Engineering and Other Divisions by RestlessMind on Tuesday January 16, 2024 @12:18PM (#39015855)
You can do it carefully and one clear scenario at a time. First, go with collaterization. Then, when billionaires find something else, go with that. And on and on.
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