“This unified response from the ultra-wealthy speaks volumes about how central these tax advantages are to the preservation and growth of their fortunes.”
Reposted from Adam Bonica
As markets plummet again today from Trump's chaotic economic policies, ask yourself: Why would billionaires back policies that tank their own stock values?

It’s the taxes.

I wrote a step-by-step explainer of how billionaires avoid paying taxes. People are often surprised when I explain it.🧵

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