There's lot of detail here. I wasn't really surprised at anything. Of course this is going to be a game of whack-a-mole but arguing they'll just avoid it in the

There's lot of detail here. I wasn't really surprised at anything. Of course this is going to be a game of whack-a-mole but arguing they'll just avoid it in the end is no reason not to try. I'd focus on three areas to begin with: 1. Property taxes. They're simply too low on ultra high end property. A $100m condo in Manhattan only pays about 10-14x the property tax that a $1m condo does. Additionally, property taxes should be significantly higher if the property is owned by a corporation/LLC; 2. Debt. In the era of zero interest rates, the ultra-rich borrow money at near zero cost rather than repatriate money they would then have to pay taxes on. The worst case here is that they're deferring taxes indefinitely. This should apply to companies too. 3. Withholding taxes. Pretty much any asset sale not associated with an SSN should have taxes withheld at source by the holding institution. We have some of this already. We need more of it. One final point about dividends. This system actually needs to be reformed and it's bizarre to me how easy this is and that no one in America seems to see it. Currently, if a company makes a profit they pay corporate taxes on that profit. If they then pay a dividend it counts as income and that person then pays taxes on it again. This particularly hurts smaller businesses and was a big motivation for the complicated passthrough rules introduced in the Trump tax "cuts". In Australia, we have a system of franking credits. IIRC the corporate tax rate is 30%. If a company makes a profit of $10,000 they pay $3,000 in taxes. The company then decides to distribute those profits to shareholders as a dividend. So if you own 10% of that company you receive $700 as a dividend. But you also get a tax credit of $300 (being 10% of the $3,000). That means that when you do your annual personal return, if your marginal tax rate is <30% you'll get a partial refund. If it's >30% you'll need to pay a little more. These are called "franking credits" and in this example the dividend is "fully franked". There are partially franked and unfranked dividends but they are uncommon. This completely solves the double taxation of dividends problems and I don't understand why we're doing crap like passthrough entity allowances to work around it.