Comment on Senate Democrats unveil a plan for a new tax on billionairesparentComments−whatshisface4yTaxing asset growth would encourage business people to do all of their valuations "under the table" and never go public, to defer asset growth taxes. Valuations would become a tax accounting fiction.
Comments
Taxing asset growth would encourage business people to do all of their valuations "under the table" and never go public, to defer asset growth taxes. Valuations would become a tax accounting fiction.