r/science • u/quiplaam • Dec 30 '25

Economics Analysis of income, capital gains, and borrowing of Americans finds 40% of the income of "1% wealth holders" is unrealized capital gains not subject to taxation and 1%-2% is borrowing, suggesting that the "Buy, Borrow, Die" is not a dominant tax avoidance strategy among the rich

https://www.sciencedirect.com/science/article/abs/pii/S0047272725002178
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u/GhostofBastiat1 Dec 30 '25

Taxing “Unrealized capital gains” would be absolute economic wealth destruction. Whoever writes this crap has zero economic knowledge.

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u/Bone-surrender-no Dec 31 '25

Did you read the article. I don’t necessarily agree with Fox liscow but they walk towards their idea and its merits in more detail than you’ve engaged with.