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A comment on U.S. billionaires worry about the survival of the system that made them rich. Parent comment
That is why I added: "with an exemption for private businesses below a certain size that are both owned and administered by a single family".
> Bigger, wealthier families avoid the tax altogether by using legal methods
Yes, to make this work you'd have to eliminate those loopholes.
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That is why I added: "with an exemption for private businesses below a certain size that are both owned and administered by a single family".
> Bigger, wealthier families avoid the tax altogether by using legal methods
Yes, to make this work you'd have to eliminate those loopholes.