There are so many loopholes. How do you “tax” on investments? My buddy is a millionaire and takes loans out on his investments and pays no taxes. Like WTF. I’m sitting here pay 35% and he pays almost nothing because the interest he pays can be written off.
There are so many loopholes. How do you “tax” on investments? My buddy is a millionaire and takes loans out on his investments and pays no taxes. Like WTF. I’m sitting here pay 35% and he pays almost nothing because the interest he pays can be written off.