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The major critique in the comments is that the Ich Stricke Und Was Ist Deine Superkraft Cat Shirt article treats asset growth as income. But I don’t think that’s a problem. If the megawealthy escape paying taxes by configuring their wealth as anything but income, then I don’t have a problem using all that generated wealth as taxable. Otherwise, you’re stuck in the same insane logic as the IRS, where a guy worth $125B doesn’t owe taxes on an increase to that already-insane net worth. I don’t understand measuring the true tax rate by using wealth growth. We don’t tax asset value growth because they are unrealized gains and the valuation is pretty rough. For instance when Tesla went from 100 to 1000 the “value” of those stock 10x.

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But if you were to liquidate an Ich Stricke Und Was Ist Deine Superkraft Cat Shirt significant portion of Tesla stock they are not going to sell for 1k each share. My state figures out a way to tax my ambiguous value to them and depreciating asset my car and sometimes increasing sometimes not asset my house. Figuring something out for stocks isn’t impossible. Instead of reading this I’m gonna play with my dog and make an excellent toasted bagel. I’m gonna have a good day free from the internet. Then later when I’m ready to rage I will come back. Well, that’s kind of the gist here. Those with means and those with access to good competent advice learn ways to avoid taxes. It is legal but appears unfair. Not evade. Avoid.

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