Comment by wing-_-nuts

I recently read 'the second estate' and reading about the number of loopholes the ultra wealthy exploit to pay almost no taxes and establish dynastic wealth does boil the blood.

Off the top of my head:

* 'Income' generated from loans using shares pledged as collateral should be treated the same as if you sold those shares.

* Someone receiving an inheritance over x million dollars (carve out 95% of family farms and small businesses if you want), should pay taxes on it as if it were any other windfall

* Donor advised funds should have a 5% distribution / yr requirement, same as private foundations

* capital gains should probably be treated as regular income. I have no idea why 50k in gains on INTC is somehow privileged over the salary paid to a roofer working in the hot sun.