America’s Elite Hoard $8.5 Trillion in Untaxed Wealth, Report Reveals
<p>This eye-opening data comes at a critical juncture as the Supreme Court prepares to weigh in on a pivotal case that could potentially preemptively block any future attempts to <a href="https://mamasaywhat.com/supreme-court-contemplates-upholding-foreign-income-tax/" rel="noopener ugc nofollow" target="_blank">tax the immense wealth held by billionaires</a>. The case, Moore v. United States, currently under the court’s scrutiny, has broader implications for major tax reforms targeted at the ultra-wealthy.</p>
<p>The report delves into the realm of “quiet” income generated by “centi-millionaires” (individuals holding a minimum of $100 million in wealth) and billionaires through unrealized capital gains. These gains, arising from the appreciation of assets like stocks, real estate, bonds, and other investments, remain untaxed as long as the assets are not sold or “realized.”</p>
<p><a href="https://medium.com/mamasaywhat/americas-elite-hoard-8-5-trillion-in-untaxed-wealth-report-reveals-963bee44d446"><strong>Learn More</strong></a></p>