Re:Lessons from Washington State’s New Capital Gains Tax
by geysersam on Friday June 02, 2023 @05:35PM
(#36171069)
Laws are constrained by what kind of legislation is ethical and practical to enforce.
It cannot come as a surprise to you that lots of efforts go into finding loopholes and technicalities that lets rich people pay much less tax than the lawmakers intended.
The difference is the "spirit" of the law versus its practical application.
It cannot come as a surprise to you that lots of efforts go into finding loopholes and technicalities that lets rich people pay much less tax than the lawmakers intended.
The difference is the "spirit" of the law versus its practical application.