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A comment on IRS records reveal how the wealthiest avoid income tax. Parent comment

Re:IRS records reveal how the wealthiest avoid income tax by chasd00 on Tuesday June 08, 2021 @08:12AM (#27434060)
> We are talking about people with meaningful wealth. They can afford to be taxed without waiting for it to be perfectly 'fair’

I don’t see that holding up in court.

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Re:IRS records reveal how the wealthiest avoid income tax by doubleunplussed on Tuesday June 08, 2021 @08:20AM (#27434144)
This is putting the cart before the horse.

What is being proposed is to change the law. A court will absolutely uphold that law, once it is written. What it would do under current laws is irrelevant.

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Re:IRS records reveal how the wealthiest avoid income tax by cool_dude85 on Tuesday June 08, 2021 @08:33AM (#27434278)
Plenty of unfair taxes hold up in court. Property taxes are an "unfair tax" in the same sense.

Of course, the assessor can't exactly predict the value of a commodity like a home with complete accuracy. Some people get undercharged and some get overcharged, this might even be a systemic thing. But as long as it's "good enough", then the tax works more or less how it should.

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