2. Kill GRATs. I personally know of at least one person who has been passed a gain of over a billion dollars through that nonsense. And that was a decade ago.
Oh, but wait, both of those things affect major donors...
Yeah, never mind, let’s just waste lots of time distracting the populace with something with a catchy name — “the Billionaire’s Tax” — that will keep lots of polarized discourse going while absolutely nothing gets accomplished.
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1. Kill the insane Opportunity Zone tax dodge.
2. Kill GRATs. I personally know of at least one person who has been passed a gain of over a billion dollars through that nonsense. And that was a decade ago.
Oh, but wait, both of those things affect major donors...
Yeah, never mind, let’s just waste lots of time distracting the populace with something with a catchy name — “the Billionaire’s Tax” — that will keep lots of polarized discourse going while absolutely nothing gets accomplished.