The truly wealthy don’t worry about all this talk. The extremely rich aren’t bothered by these taxes. They know where to go. Like Belize.
So the filthy rich can pretend to like democrat tax plans, but they are laughing all the way to The Cayman Islands, Panama, Nevis, Monaco, Luxemburg or Switzerland.
They have their money in trusts and other instruments. They don’t pay 37 percent now. Raise taxes to 70, they won’t pay that either.
They have their money in trusts and other instruments. They don’t pay 37 percent now. Raise taxes to 70, they won’t pay that either.