“The legislation [introduced by Wyden] targets a practice known as “buy, borrow, die” that billionaires use to avoid paying income taxes: A billionaire buys assets that appreciate in value, borrows against those assets’ increasing and untaxed value, and then passes on the assets to beneficiaries when they die, without paying taxes. Wyden’s legislation would require people with more than $1 billion in assets to pay capital gains taxes on the appreciation of value in these assets—such as real estate, stocks, or collectibles—regardless of whether they are sold.”
Ron’s great, but Ron is also getting on in years. I wouldn’t be surprised to see him retire soon.
He’s one of the most technologically literate members of either house. Unless he has health issues, I see him fighting for people until he can’t.
He’ll be 75 next spring. He is and has been an excellent advocate, but I do not believe we should continue electing people who are that old. That goes for Biden, Trump and every other politician past 65. Get out of the way and let the people who still have skin in the game make some calls.
I agree with where you’re coming from I think this is an outlier. The significance of age is understanding the times and investing in the future. While he’s literate and empathetic, the GOP half his age are neither. So wouldn’t you say he has more of a right to be in DC than they do?