"Raising enough revenues to address our debt and invest in America will require making hard choices. As we deliberate those choices, it’s important to be honest about the legitimate reasons to support or oppose any policy and to be quick in pointing out bad faith arguments like many we’re seeing here."
Posted by Odd_Conference_6029
2 Comments
Interesting read, and the suggested alternative at the end of simply taxing borrowing sounds pretty good to me.
Seems like a pretty big loophole that they aren’t taxed currently and that these ultra rich can essentially get away with not paying taxes on their assets with this “buy, borrow, die” strategy.
But it doesn’t feel as good. Policy should be dopaminergic and resolve my socialist outrage porn addiction….