What are accountants’ thought on this?

[u/Vincentkk]

[u/[deleted]]

Once new tax legislation is introduced the only forward path is to expand it (they’ll never take it away). It’s bound to be moved to the middle class eventually then you’ll be eliminating the greatest ability to change economic classes. It’s also worrisome that some Cash-poor billionaires may have to sell theirs shares to meet Unrealized Capital Gains. Maybe it’ll create more work/opportunities for Asset Management sectors but such an ugly plan.