I understand you think that "double taxation" is some bogeyman. It's not. It's a misused tautology in this context.
Now... This is an honest to God question.
Did you know that we already have to pay a capital gains tax on real estate? As a matter of fact, you pay a capital gains tax on nearly all non liquid assets when you sell them, independently of any annual obligations you might have.
The capital gains tax on those assets is determined whether you turned a profit on that asset or not. You might have not realized this because you haven't sold real estate valued above a certain amount, which would have given you an exemption. The values under which your capital gains taxes are exempted vary somewhere between 250k to 500k depending on whether you're married or have kids etc.
One more time.
The double standard is in the fact that stocks are exempt from taxes, unlike other non liquid investment assets.
Hell, I'm pretty sure we can arrange an annual tax exemption on stocks for anyone holding less than 500k in stocks.
You know, like we do with real estate under a certain value or as we do with progressive tax rates.
There's an annual tax even on most commodities if you hold them as investment beyond a certain period of time.
The double standard is that stocks are not taxed.
https://www.taxpolicycenter.org/brie...al-gains-taxed
It's getting really hard to take seriously now.
The issue is not with him having collateral.
The issue is that is that he can use his collateral and our very low rates that him and people like him spent decades lobbying to zero, to never have to pay taxes.
The issue is with the existence of a legal tax dodge, that he gets to benefit from.
That tax dodge needs to be eliminated.
I'm starting to get the impression you don't actually understand the things that you are saying, but you keep doubling down on the nonsense, going deeper and deeper.