This was basically never true because of all the exceptions and deductions you could do.
>now its optional. this isnt that hard
No, such arguments usually rely on redefining "income" to mean something else, eg. unrealized gains. Even the much maligned "borrow, lend, die" wheeze is less common than what people think.
alt Hacker News
>this issue is rich tax used to be 70 percent.
This was basically never true because of all the exceptions and deductions you could do.
>now its optional. this isnt that hard
No, such arguments usually rely on redefining "income" to mean something else, eg. unrealized gains. Even the much maligned "borrow, lend, die" wheeze is less common than what people think.
https://www.sciencedirect.com/science/article/abs/pii/S00472...