You don't think the rich already have a plan in place? Either most of their property becomes foreign property, or it's transferred into other entities. As long as rich people are the ones modifying the tax code, rich people will continue to benefit from the tax code. Principle has nothing to do with it. It has to do with execution, and there will never be an efficient way of executing it. The people that get screwed by these code revisions are people who are fairly wealthy but not quite wealthy enough.
All taxes can be evaded, whether successfully or not. The fact the super rich have oversize influence is just one of the many good reasons for enacting a wealth tax. And perhaps campaign finance reform as well.
Ask me how I know you were never a GOP voter like you claim?
Oh look! Another dumbshit populist thinks the Republican Party hasn't changed over the past 45 years.
Lmao.
Muh party switch! The dems who were pro slavery and segregation were actually....Republicans!!!!!!
You don't think the rich already have a plan in place? Either most of their property becomes foreign property, or it's transferred into other entities. As long as rich people are the ones modifying the tax code, rich people will continue to benefit from the tax code. Principle has nothing to do with it. It has to do with execution, and there will never be an efficient way of executing it. The people that get screwed by these code revisions are people who are fairly wealthy but not quite wealthy enough.
All taxes can be evaded, whether successfully or not. The fact the super rich have oversize influence is just one of the many good reasons for enacting a wealth tax. And perhaps campaign finance reform as well.
Ask me how I know you were never a GOP voter like you claim?
Oh look! Another dumbshit populist thinks the Republican Party hasn't changed over the past 45 years.
Lmao.
Muh party switch! The dems who were pro slavery and segregation were actually....Republicans!!!!!!
The only way to go after real wealth is to either tax net worth (good luck with that) or estates. Otherwise you're just beating up lower end millionaires and creating a larger wealth gap. This arbitrary 400k income level that Biden is targeting is FS
Indeed, the estate tax is a wealth tax and Biden is merely talking about income taxes, which can have minimal impact on people who don't need to receive income regularly and who have the ability to time their receipt of income.
In my opinion we need to have an estate tax, at least. But a net worth tax would be better in my opinion, if you had to choose between the two--which we don't have to do actually.
Trust and Estate Lawyer stumps for Estate taxes.
Pictures at 11.
Or. Are you really a Union lawyer despite saying you weren’t?
The only way to go after real wealth is to either tax net worth (good luck with that) or estates. Otherwise you're just beating up lower end millionaires and creating a larger wealth gap. This arbitrary 400k income level that Biden is targeting is FS
Indeed, the estate tax is a wealth tax and Biden is merely talking about income taxes, which can have minimal impact on people who don't need to receive income regularly and who have the ability to time their receipt of income.
In my opinion we need to have an estate tax, at least. But a net worth tax would be better in my opinion, if you had to choose between the two--which we don't have to do actually.
Trust and Estate Lawyer stumps for Estate taxes.
Pictures at 11.
Or. Are you really a Union lawyer despite saying you weren’t?
Tequila thinks you should stop believing your own bullshit.
The only way to go after real wealth is to either tax net worth (good luck with that) or estates. Otherwise you're just beating up lower end millionaires and creating a larger wealth gap. This arbitrary 400k income level that Biden is targeting is FS
Indeed, the estate tax is a wealth tax and Biden is merely talking about income taxes, which can have minimal impact on people who don't need to receive income regularly and who have the ability to time their receipt of income.
In my opinion we need to have an estate tax, at least. But a net worth tax would be better in my opinion, if you had to choose between the two--which we don't have to do actually.
Trust and Estate Lawyer stumps for Estate taxes.
Pictures at 11.
Or. Are you really a Union lawyer despite saying you weren’t?
Tequila thinks you should stop believing your own bullshit.
Comments
Muh party switch! The dems who were pro slavery and segregation were actually....Republicans!!!!!!
Pictures at 11.
Or. Are you really a Union lawyer despite saying you weren’t?