RavTalse
Region: US
Monday 10 August 2026 16:35:54 GMT
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MrAshes153 :
because rich people can afford the debt
2026-08-10 19:37:26
1111
The Kami Bjorn :
This is ironic because rich people don't pay back their loans. they die with them and it is forgiven.
2026-08-10 21:27:15
191
Fl!p :
Two words: interest rate
2026-08-11 20:36:29
20
Bjohn :
could someone put this in monkey terms. I'm still so confused
2026-08-11 23:49:51
7
Jesse :
If u have 100k and the car costs 50k then just buy the car
2026-08-12 21:19:13
1
Junior🐍 :
Rich people loan from themselves. They owe themselves
2026-08-11 20:02:02
0
Haroldeen :
Ehh, it's more whether you're making money with that debt or just spending it.
2026-08-11 09:29:20
4
Dong Quixote :
Anyone who doesn’t think there needs to be special taxes on the billionaires don’t understand how they avoid taxes by only spending money from loans. On paper they have no money and are in debt from all the loans, but they’re totally fine and this status allows them to dodge many taxes entirely.
2026-08-10 22:33:52
17
Kage 💀 :
Loans are a trap for poor people. You stay in debt forever and the banks make a lot of money off you.
2026-08-11 00:10:21
12
grm :
Also the system is made to exploit those who can’t afford loans. Specifically in the housing market, during the 2008 recession realtors began to give loans to people they new couldn’t afford it because they would make more money off of interest and all, that’s one of the driving factors for the rise in housing prices.
2026-08-10 22:46:56
1
Wanderer :
Easier way is, collateral. If you got none you get none
2026-08-11 23:02:20
1
yamakami_tahoe :
Because rich people can use collateral for the loan, and there’s no tax on the loan. Also much better interest rates
2026-08-10 22:18:54
10
Baron :
Debt is non taxable. By borrowing against your assets, you can take money against the collateral tax free. Most people have loans on everything they own (car, house, property) and therefore can’t use anything as collateral to benefit from this
2026-08-12 04:32:42
2
Double A :
one word.collateral a bank is willing to lend more if you aren't a risk, so you get more and they won't call in a debt for fear of losing a high dollar customer
2026-08-10 20:17:59
8
- :
They’re smart enough to know how to use debt to work in their favor
2026-08-12 10:37:48
2
✪ Littlemonkey_425 ✪ :
It’s said to only borrow what you can afford.
2026-08-11 07:32:04
2
Red.Gomez :
It takes gas to make car go vroom no gas car is useless. Hope this helps 👍
2026-08-10 23:23:54
2
I💕PrettyWomen :
cause rich people have a way to pay it back and backup plans for it 😭 basically they can afford debt
2026-08-11 03:34:43
3
ghost :
couldn't you also get a huge tax relief for that same so called debit?
2026-08-11 15:42:21
0
hagenadams2 :
But what if you get a loan and invest the money into something with a higher return rate than the interest on the loan so that it’s making you money and paying off the dept?
2026-08-11 15:42:56
0
Jack :
You have a problem if you owe the bank 100 grand. The bank has a problem if you owe them 100 million
2026-08-11 03:18:04
2
Blip007_ :
Borrow buy die
2026-08-11 03:25:27
1
Toe-Knee :
the loan they take out has collateral. most of the time it's investments as collateral. they don't have to pay taxes on a loan, but if they cash out the investment, they are tax on the income.
2026-08-11 02:36:48
1
elizabeth.k.wright :
you have to work the system not work for the system 🤦♀️
2026-08-11 12:26:59
1
1bit_tech :
you just cant do this if your relying on the money for food also
2026-08-11 01:27:53
1
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