That defers the gains, but does not eliminate them. When the loan comes due, the... | Hacker News

Hacker Newsnew | past | comments | ask | show | jobs | submit

		Manuel_D 15 days ago \| parent \| context \| favorite \| on: If AI replaces workers, should it also pay taxes? That defers the gains, but does not eliminate them. When the loan comes due, they have to sell assets to pay it back.

tossandthrow 14 days ago [–]

Did you skip over the last paragraph?

If you can defer the repayment of the loan until after death, capital gains are eliminated.

Manuel_D 14 days ago | [–]

In that case the value of asses are taxed via estate taxes. Which are higher than capital gains tax rates.

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact