[md_]

1. Two points: a) The capital flight argument is silly. The US has a global tax on tax residents already, alongside an onerous reporting scheme. b) So what? Again, I don’t understand your argument, which seems to be “this is just how it works—taxes on unrealized gains are rare.” Indeed they are rare, but isn’t that the entire point of the ProPublica piece?

2) No, it’s illustrating the consequences of current tax policy. I read (or misread?) your argument as “effective tax rates on total wealth is the wrong metric” (and you go on to suggest that looking at such a metric puts one as an ignorant). Why is this the wrong metric? Economists like Piketty and Milanovic—going back to Kuznets—have looked at returns on capital vs labor. Effective tax rates on capital are one such component. Why is it disingenuous to look at such a metric?

3) Really? I dunno. https://www.oyez.org/cases/1970/1873?