With the help of sleazy "investment firms" whose job is to help rich people hide their money, rich tax evaders laugh at the IRS -- and the rest of us.
Read this leak-fueled report from @icij https://www.icij.org/inside-icij/2024/04/how-investment-firms-shield-the-ultra-wealthy-from-the-irs/
The estate tax rate should be 100% after -- let's be wildly generous to heirs who've never lifted a finger to earn their parents' money -- the first , say, $10 million.
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@dangillmor @icij You should be willing to give a little spread to California residences.
