We see that this change was a good idea, but it went too far and has remained in place for too long.

In order to fix that, you’d have to re-institute all those legal tax shelters that had the rich buying percentage shares in a cow, in order to lower their AGIs. I am unaware of any economist, leaning right or left, who believes that was an efficient system.

Do you have another idea?

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Data Driven Econophile. Muslim, USA born. Been “woke” 2x: 1st, when I realized the world isn’t fair; 2nd, when I realized the “woke” people are full of shit.

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