| ▲ | anon291 2 hours ago | |
Yes let's encourage more risky behavior! Absolutely braindead takes. This sort of proposal would establish a minimum 35 % return in any project. Thus halting investment entirely Let's put this in perspective. I'm currently going to collaterize a few hundred thousand in equity to take a loan to develop homes in my very housing short city of Portland. My calculated return is 40%. This is an excellent return.. It this were taxed then my initial loan would have to be 40% larger which means all my profit would go into paying that back, which means this project never gets done. You are already going to get the money once the homes are sold and the capital gains are realized. Why is everyone so greedy? You essentially want to tax twice | ||