4 ms·
The ability to tax extremly large accumulated wealth is very positive. Don't forget, bilionares have succesfully exploited weakneses of the current tax laws. 1
by leonidasrup 6mo ago
The ability to tax extremly large accumulated wealth is very positive. Don't forget, bilionares have succesfully exploited weakneses of the current tax laws.
1. Capital Gains Are Favored
2. Dividends Are Tax-Advantaged
3. Payroll Taxes Are a Non-Issue
4. “Buy, Borrow, Die” Strategy
https://www.americans.com/money/see-why-warren-buffett-pays-a-lower-tax-rate-than-his-secretary/ https://www.americans.com/money/see-why-warren-buffett-pays-...
We have to not obly fix the current tax laws, but also fix the results of past tax laws (extreme concetration of wealth and power).
- stevenalowe 5mo agoWealth != income This amendment creates a new power that is very destructive