Bob Lord

For an answer, we need to understand the incredibly powerful loophole of ‘buy-hold for decades-sell.’

The tax loophole that’s concentrating America’s wealth — and political power — at the top.

Billionaire investment gains that don’t escape tax entirely end up taxed far more lightly than most Americans realize. A ‘Billionaires Income Tax’ could fix that.

A new Tax Foundation analysis also inadvertently shines a light on the uselessness of ‘adjusted gross income’ as an indicator of actual billionaire economic income.