So if I don't apply for a loan, I don't get assessed, which means I don't pay ta... | Hacker News

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rv3909i on Aug 27, 2024 | parent | context | favorite | on: Zuckerberg claims regret on caving to White House ...

So if I don't apply for a loan, I don't get assessed, which means I don't pay taxes? Anyway, the system is not that simple and bank assessment would be trivial to game. People do it now even without taxes on the line...

sealeck on Aug 28, 2024 [–]

It's one of many things that can give you some idea what an asset is worth.

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