Welcome to the ‘K-shaped economy’

Regulations are being written that will allow avoidance of the corporate alternative min tax, which will surely widen the gap.

"The Treasury Department and Internal Revenue Service, through a series of new notices and proposed regulations, are giving breaks to giant private equity firms, crypto companies, foreign real estate investors, insurance providers and a variety of multinational corporations."
 
againstthegrain said:
Regulations are being written that will allow avoidance of the corporate alternative min tax, which will surely widen the gap.

"The Treasury Department and Internal Revenue Service, through a series of new notices and proposed regulations, are giving breaks to giant private equity firms, crypto companies, foreign real estate investors, insurance providers and a variety of multinational corporations."
Click to expand...

Just like Johnny Rocco in Key Largo, no matter how much the billionaire class has, they will always want more.

 

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