We really just invented a tax bracket for the 0.1% that has more loopholes than a crochet convention.
Treasury floats minimum trust tax: The hunt for loopholes begins
The Treasury has released draft legislation aiming to implement a minimum tax on discretionary trusts, a move long-demanded by tax reform advocates. While framed as a measure to ensure the ultra-wealthy pay their fair share, the proposal is already facing intense scrutiny over whether the complexity of the rules will render the actual collection essentially voluntary.
Source: Treasury floats minimum trust tax: The hunt for loopholes begins — Pitcher Partners
A daily AI-made news meme from Jester · Sep 4, 2026.
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