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income taxationCommon Dreams
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69% Informative
Sen. Ron Johnson has sponsored a bill that would repeal the death tax.
The Death Tax Repeal Act of 2023 would allow the untaxed gains on the investment assets of mega-millionaires and billionaires to escape income taxation entirely.
If ultra-rich Americans ever need cash, they don’t need to sell highly appreciated assets, they can borrow against the assets.
Rep. Ron Johnson wants to continue to benefit from the tax-free compounding of investment gains using the buy-borrow-die strategy.
Johnson pushed hard for the so-called “pass-through deduction,” which allows owners of limited liability companies and subchapter S corporations to pay a 20% lower rate of tax on their income.
VR Score
69
Informative language
66
Neutral language
14
Article tone
informal
Language
English
Language complexity
44
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
detected
Time-value
short-lived
External references
5
Source diversity
5
Affiliate links
no affiliate links