Judd Legum

@JuddLegum ↗

Deleted No

Hibernated Yes

Last Checked Aug. 29, 2022

Created

Thu Sep 16 12:52:29 +0000 2021

Likes

298

Retweets

103

Source

TweetDeck

View Raw Data

JSON Data

View on Twitter

Likely Available

Judd Legum @JuddLegum

5. A dark money group hired former Democratic Senator Heidi Heitkamp to argue that this tax loophole should be maintained. Just a few months ago, Heitkamp called the loophole "one of the biggest scams in the history of forever." https://t.co/aQV11Aqou1 — PolitiTweet.org

Posted Sept. 16, 2021 Hibernated

Preceded By

Judd Legum @JuddLegum

4. This is called the "stepped-up basis" loophole. At death, the "cost" of the stock or asset for purpose of capital gains is "stepped-up" to its present value. This allows the heirs of the very wealthy to avoid paying taxes on those gains EVER https://t.co/aQV11Aqou1 — PolitiTweet.org

Posted Sept. 16, 2021 Hibernated

Followed By

Judd Legum @JuddLegum

6. Democrats in the House, so far, have also abandoned Biden's proposals to close tax loopholes benefiting private equity managers and the oil and gas industry. Those folks also can afford very good lobbyists. Who is lobbying for the average American? https://t.co/aQV11Aqou1 — PolitiTweet.org

Posted Sept. 16, 2021 Hibernated