The obvious correct solution is to tax securities-backed loans the same as selling the securities.
Security backed loans for what though? Personal spending? Building a factory to great jobs?
> "Security backed loans for what though? Personal spending? Building a factory to great jobs?"
Income for what though? Personal spending? Building a factory to great jobs?
Capital gains for what though? Personal spending? Building a factory to great jobs?
Property for what though? Personal spending? Building a factory to great jobs?
Inheritance for what though? Personal spending? Building a factory to great jobs?
What a strange question.
Security backed loans for what though? Personal spending? Building a factory to great jobs?
> "Security backed loans for what though? Personal spending? Building a factory to great jobs?"
Income for what though? Personal spending? Building a factory to great jobs?
Capital gains for what though? Personal spending? Building a factory to great jobs?
Property for what though? Personal spending? Building a factory to great jobs?
Inheritance for what though? Personal spending? Building a factory to great jobs?
What a strange question.