The way wealth is structured definitely shapes how opportunity flows. It’s worth having thoughtful conversations about tax policy and fairness without turning it into pure outrage—systems matter.
this post was submitted on 16 Feb 2026
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Tax portfolio loans over a certain amount. That’s pretty much it. Sure, there will need to be some moving parts beyond that, but basically if you treat a loan as an income rather than something like a primary residence purchase in the buyer’s own name, it gets taxed.
I think the 'unrealized assets' should be taxed as 'realized' if they are used as collateral. Yes, it would affect the reverse mortgages and such, or home equity loans, but fuck it, I'd take those relatively small pains against the massive societal gains.
Reverse Mortgages are usually predatory anyway, so more scrutiny and regulation isn't a bad thing.
Wealth and Asset Taxes now!
And they benefit the most from taxes too.
Public education gives me better opportunities.
Public education gives them thousands of literate employees who can do basic math, think logically, use technology, and learn anything new.
This applies to everything from building roads to government scholarships and health programs. They benefit much more from the military too.
Might be a silly question –
Why not get taxed by selling it once and for all instead of paying interest on the loan against it for years.
In the long run won't interest surpass the one time tax?
Also assuming they invest the surplus after the sale, it should be the cheaper option.
Can't say much about US, but in my country if you get 100k assured by an investment of 100k, for exemple, you pay 1.2% in the loan, but the investment keeps going up by 1.1%. So you pay 0.1% for the 100k. A LOT less that you'd pay if getting your own money back
Coincidentally, I saw an article entitled "Buy, Borrow, Die". If you don't need to have a salary paying job (so not applicable to almost everyone I know or have ever met), you buy an asset let it grow, refinance it (borrowings grow), spend the money you borrowed (tax free) some for more assets, some for pleasure. Rinse and repeat until you die with a shitload of debt that then gets wiped out.
One word: Land value tax.
Every time I see a post like this I am disappointed that NO ONE mentions Henry George.
People, please, go educate yourself. Taxes were solved before ww1.
Why's that? You stated your opinion knowing that many people are ignorant of it, but failed to back it up. Why should we research your idea when we have ideas of our own? Don't suggest we're ignorant if you're not willing to take the first step in educating us. Your contempt feels good but doesn't solve any problems. Ciao
I feel you and I'm glad you asked. The goal of my comment is to invoke interest so one can go down the rabbithole on ones own terms. This has a much more sustainable effect than just serving information on a boilerplate nobody asked for. Much like a catchy title/thumbnail on a yt video generates clicks, but the actual information does not.
There are a lot of resources about LVT out there including some educational videos in an entertainning way. Pick your own poison: https://www.youtube.com/results?search_query=georgism
My Standpoint: Our present tax system is bad (almost worldwide): Tax based on value generated (like income, sales and import taxes) costs society a lot (real costs but also opportunity costs) while simultaniously not solving a lot of todays issues (f.e. tax evasion, old money, zone planning / car centric design, pollution, etc.). Land Value Tax (or more precicely: Resource Tax) solves this by getting rid of the penalty for being productive or creating value while simultaniously taxing those being exponantionally wasteful with resources and/or pollute.
With LVT, there is now a penalty free incentive to increase profits and/or efficiency. On the other hand, if you consume and/or occupy resources like land, oil or air pollution, you'll have to pay tax for that derived from the resources scarcity. The sum of the tax would be similar or higher than todays sum and would finance all government spending including a citizens dividend which could be interpreted today as unconditional basic income which would provide for basic human needs.
Georgism is PRO Economy and PRO Humanity. Win Win. Regardless of your political flavor, you should be in favor 😏
Winners: Society, everyone from poor to rich, resourceful entrepreneurs
Losers: old money, polluters, unrighteous beneficiaries of today's flawed legal situation
Technically three words.
I'm german speaking. So for me, this is one word ;)
We Swedes can get in on the verylongcompoundword fun too
Fun fact, in German the entire Bible is just one word!
This is why we need a wealth tax.
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