Saturday, May 1, 2010

Taxes

I was working a gig this past week that brings together several dozen billionaires, hundreds of millionaires and the wannabe rich.

The people on the panels were commenting constantly about "this administration" (i.e. the Obama administration) and how the taxes were killing them. The audience would laugh or murmur knowingly. Yeah, maybe their tax bracket is high but didn't they just drive up in a new Bentley? At one time in the valet area I saw 5 Bentleys parked next to each other.

Someone I worked with at the job commented that "If they were paying a lot in taxes then they are being rich wrong. The super rich know the loop holes or hire accountants and attorneys for that purpose."

Good point. So the snide remarks were for the chior of rich folk in the room. An inside joke. I bet if the government; city, state, and federal didn't fix potholes the rich would bitch about how the potholes hurt the rims of their Bentleys.

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