I’ve been hearing about an increasing number of musicians who have been selling the rights to their music for huge amounts of money over the last few months. These are folks who lean to the left side of the political spectrum, and who likely voted for Biden. The most likely reason I’ve heard for this phenomenon is that they are convinced that capital gains taxes will rise sharply under Biden and are trying to avoid that larger tax hit. I guess they aren’t willing to put their money where their politics are.
1 comment:
Sounds like Mutt Lange joined the club. I'm guessing the folks who got pissed at Trump for taking advantage of various legal strategies to save himself tax liability will also be critical of all these folx. The fact is that they are greedy and aren't willing to pay their fair share to provide for others.
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