More than three decades ago, William D. Andrews identified realization-based taxation as ‘‘the Achilles’ heel’’ of income taxation. More recently, Daniel Halperin included mark-to-market taxation as a ...
WASHINGTON, DC - MAY 17: A mobile billboard calling for higher taxes on the ultra-wealthy depicts an image of billionaire businessman Elon Musk, near the U.S. Capitol on May 17, 2021 in Washington, DC ...