It's not even knowledge. I can't take advantage of most of the tax breaks rich people can because I am not in control of billions of dollars of physical and intellectual property to play shell games with.

As a normal citizen with a normal career, I do not have any levers to play with to """optimize""" what the IRS wants me to pay. For some reason, we let people in control of billions of dollars worth of physical stuff and IP give them different names, and put them under different paper roofs so that they can give the IRS less money. It's such utter nonsense.

Why should you have MORE ability to defer your tax liability by having MORE stuff? People make so many excuses about "but Jeff Bezos doesn't actually have billions in cash, he holds that much value in Amazon stock" as if that doesn't literally translate to controlling billions of dollars of Amazon property and IP and influence.

Why does controlling more, and having more, directly translate to paying less?

> It's not even knowledge. I can't take advantage of most of the tax breaks rich people can because I am not in control of billions of dollars of physical and intellectual property to play shell games with.

In my view, not analogous to the OAi situation

Mark-to-market taxation is entirely unrelated to non-profits. You're just vaguely gesturing at wealthy people and taxes.

fwiw I am largely supportive of some form of mark-to-market.