thwip35.bsky.social reposted
thwip35.bsky.social
thwip35.bsky.social reposted
thwip35.bsky.social reposted
thwip35.bsky.social reposted
thwip35.bsky.social reposted
thwip35.bsky.social reposted
“We don’t tax wealth, we tax income. For people who have a huge amount of property and are ultrawealthy, they can avoid having very much income.” Unrealized gains are, essentially, income—just ask the bankers who accept them as collateral. But Congress has never touched them.
motherjones.comHow to tax a billionaireAmerica's oligarchs guard their hoards jealously—but there may be a way in.
thwip35.bsky.social reposted
thwip35.bsky.social reposted
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