Could accidentally knock people into a higher tax bracket and ruin their finances long term for short term gain.
This makes zero sense. Read up on how tax brackets actually work. Hitting higher tax brackets doesn’t mean your existing income is taxed at the higher rate. No “ruining.”
Could accidentally give someone collateral to take out a massive loan they cannot afford long term.
Wtf is this paternalistic BS. They could buy drugs or guns too!! 😱
Doing nothing and simply using it as cash reserves is better than making a foolish mistake and ruining it for themselves.