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Reply to "letter from Yale"
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[quote=Anonymous][quote=Anonymous]Yale is full of smart people. Here's one of their own arguing in favor of such a scheme: https://economics.yale.edu/sites/default/files/publication-documents/2025-01/UnrealizedGainsandTaxesKeyFactSheet.pdf "Tax the Rich, the Old Fashioned Way: Raise RateĀ w Innovative methods of taxing the ultra wealthy, like targeting unrealized gains and borrowing, would certainly raise substantial amounts of tax revenuesc w But navigating the complex economic and political challenges to these novel approaches can distract from a simpler truth: raising ordinary and capital gains tax rates for the top 1% would also significantly increase tax revenue."[/quote] Yes, they have faculty members who support taxing the wealthy on unrealized gains. Is UPenn a republican institution since I can find many racist quotes from Amy Wax?[/quote]
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