Trusts may have some justification to ensure the continuance of a fortune (as when knights left for an extended period during the Crusades). But that does not meam that they should not be subject to the same tax regime as any other taxpayer or business. In this case the wealth piled up by Ross (mostly by financial speculation) may escape inheritance taxes - so close to a billion passes to a group of beneficiaries while working income is heavily taxed.
New York Post via MarketWatch
History for the Books: Javier Milei & Argentina’s Budget
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For most of 2023, Javier Milei advocated a number of libertarian policies
aimed at reversing Argentina’s long economically downward trend. Among them
was...
9 hours ago
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