Biden chce zrušit daňovou úlevu, díky které zbohatl Trump e15.cz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from e15.cz Daily Mail and Mail on Sunday newspapers.
The trick? Route the money to Bermuda and back.
With inequality at its highest levels in nearly a century and public debate rising over whether the government should respond to it through higher taxes on the wealthy, the very richest Americans have financed a sophisticated and astonishingly effective apparatus for shielding their fortunes.
Some call it the “
income defense industry,” consisting of a high-priced phalanx of lawyers, estate planners, lobbyists and anti-tax activists who exploit and defend a dizzying array of tax maneuvers,
virtually none of them available to taxpayers of more modest means.
(All you need is an experienced and affordable tax lawyer?)
businesses a little, but the big cost comes through it helping passive investors well off, wall street investors who get to pay, who aren t running the businesses, who get to pay a way lower rate. that was bad enough. that s why this pass through rate goes 50% to the top 1% and what professor victor fleischer saw in there and what senator merkley is hitting on the floor right now is now they ve added a provision that says if you re a publicly traded partnership like blackstone, the largest wall street financial companies who already get carried interest, now you would get this low rate. that even small businesses who might be accountants or do other financial services would happen. if this is right, it is the most scandalous thing in what is already the most reckless, rushed, desperate bill i ve ever seen in my life. gene makes a good point. if you believe this rate should apply to these people, not going