June 08, 2021
I am collecting articles/books that I have found to be interesting. Will I ever touch this list again?
The Death of the Income Tax by Edward J. McCaffery
Why are Elon Musk, Mark Zuckerberg and Donald Trump perfectly happy to take $1 salaries and instead earn their compensation through stocks and options? Why does the government constantly juggle income tax brackets, but the majority of us are not getting any richer? Edward McCaffery, a tax law professor at the University of Southern California Law School, explains how economic inequality has been institutionalized by the tax system. (Can someone explain what is his beef with Grover Norquist?)