• "(There’s a segment deep into the piece that raises the fair-ish point that there are some trust schemes where inherited shares can avoid estate taxation"
• "I don’t know how to explain how batshit this is without sounding hyperbolic. But it borders on propaganda. Instead of asking why the tax code treats unrealized gains (on things you haven’t sold) differently from realized gains (on things you have sold), they just invented a new measure to make it seem like folks with lots of unrealized gains are avoiding taxation."

- "When you have to pay taxes on an asset you own, where do you get the money to pay those taxes? In many cases you’ll have to at least partially liquidate the asset (e.g., sell some stock). And if you force lots of shareholders to do this (especially at roughly the same time), you cause the value of that stock to fall — perhaps by a lot."