George Lucas sold Star Wars to Disney this year to avoid 280 million in estate taxes if he waited.
Just another way that super-rich liberals like Lucas and Buffett avoid paying taxes.
Of course they’re willing to see income taxes go up because their money is handled in such a way that it is not counted as income. Higher income taxes have little effect on them.
This is also one reason why democrats are so against closing loopholes and tax dodges which is being proposed as a way to increase revenue without raising the income tax rates. Going this route would definitely take large amounts of their liberal, rich, supporter’s sheltered money.
The liberal, truly rich twits want to take more of yours through income taxes and keep all of theirs that they’ve declared to be not income.
FUBO & FAD