top | item 3064089

(no title)

shithead | 14 years ago

They forgot to mention that they really appreciate that taxes are always discussed in terms of "income".

The truly rich have no pesky income - that's for the servants. They just have property and expenses, which their accountants, lawyers and politicians keep safe.

Hints: tax-free foundations are great, intellectual property is tax-free.

(There's a reason putative class-betrayer Gore Vidal spoke of "our owners", referring to the U.S. aristocracy.)

discuss

order

thenewgreen|14 years ago

Income? What's income? Appreciation we understand, capital gains... sure. But income? Surely, you jest.