Re:How to have a billion dollar exit with zero capital gains...
by more_corn on Tuesday May 10, 2022 @10:50AM
(#31327807)
Maybe every society everywhere.
The fact is that wealth and power protect themselves and always have.
While crafting a fair society we must recognize this and deliberately skew the rules to favor those without wealth and power. In the US we mean we’ll but have utterly failed to do so. Our legal system is a prime example. The fact that we more often tax minimum wage workers than billionaires is another.
Our society is shamefully unfair. But I actually think opportunity zones are a step in the right direction.
The fact is that wealth and power protect themselves and always have.
While crafting a fair society we must recognize this and deliberately skew the rules to favor those without wealth and power. In the US we mean we’ll but have utterly failed to do so. Our legal system is a prime example. The fact that we more often tax minimum wage workers than billionaires is another.
Our society is shamefully unfair. But I actually think opportunity zones are a step in the right direction.