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Business Community Education Elections Environment Government Health Housing Obituaries Opinion Public Safety Sports Transportation Weather

Federal bill would tax the rich taking out asset-backed loans

Rylice Radio
MS Source origin: Mississippi — click to visit
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A new bill introduced by one of California's congressional representatives aims to make the wealthiest Americans pay taxes on loans they take out against their assets. House Resolution 10846, introduced by U.S. Rep. Laura Friedman, D-Glendale, would impose a tax of 23.8% on asset-backed loans. [...]

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