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