I'm not seeing much action, but this is one area where Biden has the right talk. The rich (define north of $500k/yr) can play games. Here's two off hand I know

I'm not seeing much action, but this is one area where Biden has the right talk. The rich (define north of $500k/yr) can play games. Here's two off hand I know in my circle: - a family has non-trivial assets and income in three states but for federal and tax purposes they live in TN where's there's no state tax. The other two states are def not cheap compared to TN. This was setup by buying a house and having a part time job in TN for about 1 year to establish bonafide residency much of which stopped once gained - business owner takes annual trip to Florida for business training with board/ management. That's a write off. But with some fancy accounting the owner smiles saying once they open the meeting with lunch, they left and spent the rest of week playing golf. Whether the company or individual the rich guys are taxed less than me. The bottom 40% (??) don't pay much either. That leaves the upper middle class to foot a lot of the hill. Well I'm calling BS on that.