3 ms·
The imputed tax rate is misleading since it conflates unrealized capital gains--assets that have appreciated in value but have not been sold--with income. I wou
by skmurphy 2y ago
The imputed tax rate is misleading since it conflates unrealized capital gains--assets that have appreciated in value but have not been sold--with income. I would be cautious about imposing "cures" that may cause more problems than the current level of income inequality.