LLC are discarded entities for tax purposes so no change there. The reason it’s not an issue for hedge funds is ownership is split among many non billionaire ow

LLC are discarded entities for tax purposes so no change there. The reason it’s not an issue for hedge funds is ownership is split among many non billionaire owners. As opposed to llcs, setting up a shell corporation for stock holdings would lead to accumulated earnings tax. I think you will see some asset hiding as always but the obvious solution is the Peter Thiel billion dollar Roth IRA trick. Assuming roths are excluded I mean.