Related: Robert Reich posted earlier today that Tesla paid ZERO taxes on $5 billion in sales (earnings?), so that’s just fucking great.

  • darkdemize@sh.itjust.works
    20·
    10 hours ago

    Seems pretty simple to me. Tax the collateral loans as income. And don’t allow the interest repaid to be tax deductible.

    • The_v@lemmy.world
      12·
      8 hours ago

      Be better to ban loans on financial assets. These are loans against stocks/bonds etc that they commonly use. In order to get a loan it has to be against a physical asset. Also set firm limits to how much any physical asset can be leveraged.