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

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		Manuel_D 4 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 4 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 3 days ago | [–]

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

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