Want To Know Why A Wealth Tax Won’t Work? Remember The Time Michael Jackson’s Estate Landed In Tax Court

It took nearly a decade to settle valuation disputes over Michael Jackson’s estate. The experience helps explain why a wealth tax would be so administratively challenging.

Source: https://www.forbes.com/sites/howardgleckman/2021/07/12/want-to-know-why-a-wealth-tax-wont-work-remember-the-time-michael-jacksons-estate-landed-in-tax-court/

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