Rowland Mayor
A
Not a tax expert either, but what implications would this have for other non income taxes, like sales tax and property tax (which is also a type of wealth tax)?
Spiritual Annie @SpiritualAnnie
My understanding (not a tax expert) is that it may become nearly impossible to tax the money billionaires already have, and they're careful to not have any income from the US that can be taxed. They often take things like stock options instead of cash to defer taxes.
05:40 PM - Aug 29, 2023
09:48 PM - Aug 29, 2023
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