• SupraMario@lemmy.world
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      11 months ago

      Still not how that works, if he wants cash he has to sell, selling stocks is heavily taxed. Now he can take a loan against the stocks but if they don’t do well then he’s not going to get much for them. It’s a risk and taxes is paid like it or not.

      Still a shit system, but that’s a different discussion, but they pay taxes.