Attention Economy


Saturday, August 20, 2022

Taxing the Wealthy

Kyrsten Sinema Has Made Sure the New Tax Bill Doesn’t Go Near the Wealthy
https://www.nytimes.com/2022/08/19/opinion/kyrsten-sinema-tax-bill.html 

The Peanut Butter Secret: A Lavish Tax Dodge for the Ultrawealthy
https://www.nytimes.com/2021/12/28/business/tax-break-qualified-small-business-stock.html

How America’s Richest People Can Access Billions Without Selling Their Stock
https://www.forbes.com/sites/johnhyatt/2021/11/11/how-americas-richest-people-larry-ellison-elon-musk-can-access-billions-without-selling-their-stock/
Many of the country’s richest people, including Elon Musk and Larry Ellison, borrow against their stock while avoiding capital gains taxes.  


The Pandora Papers and the Threat to Democracy
https://www.project-syndicate.org/commentary/pandora-papers-how-law-shields-wealth-by-katharina-pistor-2021-10
In demonstrating how some of the world’s most powerful people hide their wealth, the Pandora Papers have exposed the details of a global system whose basic contours were already well known. Property laws have long been written by and for the wealthy, giving the public ample reason to suspect that the system is rigged.