The Valley Current®: Do Wealth Taxes Already Exist?

*]:pointer-events-auto scroll-mt-[calc(var(--header-height)+min(200px,max(70px,20svh)))]" dir="auto" data-turn-id= "request-WEB:f8675777-f07e-4a12-81bc-4a0c8104c898-4" data-testid= "conversation-turn-10" data-scroll-anchor="true" data-turn= "assistant"> Are wealth taxes already here, under a different name? In this episode of The Valley Current®, Jack Russo and CPA Steve Rabin break down why today's estate tax may already operate as a built-in wealth tax for founders, investors, and high-growth portfolios. From QSBS and foreign income rules to startup equity that suddenly crosses exemption thresholds, they explore how a single breakout investment can trigger massive future tax exposure, especially when liquidity becomes a liability. The conversation also covers strategic levers such as entity structure, relocation, and philanthropy, and what they mean for preserving generational wealth. If new wealth taxes emerge, will they truly be new or simply a relabeling of what is already here?   https://www.taxservice2u.com/ Jack Russo Managing Partner [email protected] www.computerlaw.com https://www.linkedin.com/in/jackrusso "Every Entrepreneur Imagines a Better World"®️