
Acknowledging the growing number of Americans fed up with yawning income inequality, billionaire investor Bill Ackman has come up with a way to get the ultrawealthy to pay their fair share.
The founder of Pershing Square Capital Management suggested on Thursday a tailored approach to ensure people like Elon Musk and Jeff Bezos shoulder more of the burden, arguing against the blunt instrument of a proposed federal tax levied on unrealized capital gains.