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Re:High-income tax avoidance far larger than thought, new pa... by jmpman on Sunday March 21, 2021 @08:49PM (#26535593)
A 99% estate tax on money over $10M, and revocation of any visas on any heirs who attempt to avoid them.
Re:High-income tax avoidance far larger than thought, new pa... by missedthecue on Monday March 22, 2021 @12:13AM (#26536792)
Easy. Put your estate into a terminally settled, non-transferable, future-callable, sale-leaseback with a partial-repo feature, with a European or Japanese bank.

Impossible to tax (aside from the income stream), no downside except for some additional tax headaches. But I assume a few tax headaches are worth it in order to keep billions of dollars in your family.

Re:High-income tax avoidance far larger than thought, new pa... by goddess33 on Monday March 22, 2021 @05:43AM (#26538616)
> Easy. Put your estate into a terminally settled, non-transferable, future-callable, sale-leaseback with a partial-repo feature, with a European or Japanese bank.

is this word salad or legit? If so, any resources to learn this?

Re:High-income tax avoidance far larger than thought, new pa... by commandlinefan on Monday March 22, 2021 @10:22AM (#26541214)
That was my thought - if America won't let you keep your money, Luxembourg surely will.
Re:High-income tax avoidance far larger than thought, new pa... by emptysongglass on Monday March 22, 2021 @06:27AM (#26538885)
Where can one learn this black magic?
Re:High-income tax avoidance far larger than thought, new pa... by viggity on Monday March 22, 2021 @10:11AM (#26541017)
Implementing an exit visa process. That sounds like a completely healthy thing for a free society to enact. Not.
Re:High-income tax avoidance far larger than thought, new pa... by cheph on Monday March 22, 2021 @03:41AM (#26537834)
Why should you be punished if you do something entirely legal? Can't we rather just close the legal avenues that allow people to avoid them? Why keep it legal? What do you gain by having these loopholes?