How does he pay back the loan with no income? The loan would require monthly payments.
Discussion
Because rich people own houses and businesses. And that's money flowing in so they pay their loans.
They pay taxes on the money coming in less expenses.
The income tax for things like rental incom and Capital Gaines when they sell. Property taxes when they hold. Sales tax when they spend. And Environmental sanctions when they fart.
We do tax the rich. We tax the poor. We tax the stupid, and everyone in between.