Does George Costanza work at ProPublica? They sure do have a peculiar way of viewing the truth.
This article makes the case that the “wealthy” “dodge” taxes by “skirting” law. (Interesting use of coded language – thanks ProPublica!)
Do the “wealthy” take advantage of tax loss harvesting? Absolutely.
Know who else does? Everyone!
We’ve scoured the Internal Revenue Code and noticed a glaring omission. Nowhere does it say that the “wealthy” are the only ones that may use this strategy. It’s available to anyone capable of fogging a mirror.
And so to the folks at ProPublica we offer an enormous proverbial middle finger to show appreciation for their slanderous attempt to further divide our already fractured society by demonizing the “wealthy.”