Sahil Kapur @sahilkapur
Mike Bloomberg’s tax plan: • Top income rate 37% 🔼 39.6% • Corporate tax rate 21% 🔼 28% • Tax capital gains as regular income above $1M • 5% surtax on $5M+ incomes • Lower estate tax threshold (level unspecified); end stepped-up basis • Close pass-through loopholes — PolitiTweet.org