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submitted 7 months ago by grte@lemmy.ca to c/canada@lemmy.ca
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[-] Mongostein@lemmy.ca 1 points 7 months ago* (last edited 7 months ago)

Make it illegal to use shares as collateral for a loan. If a person can pay back a loan, they can buy back the shares after they sell them because they need money. Now people are paying capital gains taxes.

[-] maxprime@lemmy.ml 1 points 7 months ago

Ok but how are you supposed to do that when the most powerful and influential people in the world are the very people who rely on that method to maintain their power and influence?

[-] Mongostein@lemmy.ca 1 points 7 months ago

Execution? 🤷🏻‍♂️

this post was submitted on 26 Feb 2024
564 points (92.7% liked)

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