[long_time_gone]

Except for all the loopholes created to help people like Bezos to avoid "eventually getting taxed". Estate Tax laws are one area, trusts are another (they even call it the "Trust Fund Loophole"), non-profits are a third, carried interest is a fourth.

[gruez]

>Estate Tax laws are one area, trusts are another (they even call it the "Trust Fund Loophole"),

You can't combine both. If you use one you lose the benefits of the other, see my sibling comment.

>non-profits are a third

Sure, moving your wealth to a nonprofit is tax free. But then what? If you want to spend it (on personal stuff, not curing the word of malaria or whatever), you still get taxed.

>carried interest is a fourth

I skimmed the wikipedia article and it looks like it's just like ISOs, but for investment managers?

>The logic was that the non-financial partner's "sweat equity" was also an investment, since it entailed the risk of loss if the exploration was unsuccessful

[long_time_gone]

==I skimmed the wikipedia article and it looks like it's just like ISOs, but for investment managers?==

If you are saying that investment manager inventives should be taxed as "performance-based compensation for management services", then you are arguing for it to be taxed as regular income. This is how bonuses are taxed for everyone else.