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A comment on Tim Sweeney: Tax bill would likely end founder control of independent companies. Parent comment

Re:Tim Sweeney: Tax bill would likely end founder control of... by dsizzle on Wednesday October 27, 2021 @06:59PM (#29020077)
One loophole is the step-up basis that applies when the owner dies. Not sure why that wasn't targeted instead (maybe because the current plan produces revenue more quickly?).
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Re:Tim Sweeney: Tax bill would likely end founder control of... by tedunangst on Wednesday October 27, 2021 @07:29PM (#29020380)
"Billionaire tax" plays better than "death tax" so we get tax policies that fit into 30 second commercials, not those that make economic sense.
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Re:Tim Sweeney: Tax bill would likely end founder control of... by abeyer on Wednesday October 27, 2021 @07:58PM (#29020673)
So why not a "dead billionaire tax"? The heirs to fortunes seem likely to get even less sympathy than the ones who actually built them.
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Re:Tim Sweeney: Tax bill would likely end founder control of... by Msw242 on Wednesday October 27, 2021 @07:57PM (#29020659)
Reads like a cash grab to me.
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