The ongoing case before the Supreme Court, which questions the constitutionality of taxing unrealized capital gains, holds significant implications for the future of wealth management.
The case will offer a rare glimpse into an often-opaque industry where middle men broker art transactions between ultra-wealthy buyers and sellers who don’t always know each other’s identities.
Neither the left nor the right may want to believe it, but the US tax system does a pretty good job of taking from the haves and giving to the have-nots.
