My hypothesis is that the tax system does not explicitly favor the rich - it favors those who can navigate its complexities. Which is the rich. Not because they are smarter - because they can hire accountants and tax consultant.
Nope. While you can exploit complexities and loopholes, the top 0.1% is propotionately taxed less by basic design anyway. No need of fancy double Irish dutch sandwich or whatnot.
My hypothesis is that the tax system does not explicitly favor the rich - it favors those who can navigate its complexities. Which is the rich. Not because they are smarter - because they can hire accountants and tax consultant.
Nope. While you can exploit complexities and loopholes, the top 0.1% is propotionately taxed less by basic design anyway. No need of fancy double Irish dutch sandwich or whatnot.