veni:
yes, you’re right, the fact that you make a lot of money proves that you are smarter than me and that God likes you more. But golly, you saying that clearly you’re smarter and thus are more successful and richer than me, doesn’t that make you an evil elitist!
And no, paying the same percentage is not equally sharing the tax burden – equally sharing the burden is paying the exact same amount. If we decide to split the bill at dinner, would it be equal (fair) to split it down the middle (or pay for exactly what we ordered) or for each of us to pay a percentage of the bill based on our income?
But aside from that, you say we can exempt the waitress from paying taxes — well then, you do believe in spreading the wealth – rich people should have to pay and she shouldn’t. So once again, we’re not diagreeing on pinciples, just on how tactics i.e. how much more should the wealthy pay.
And even if this guy doesn’t use the many tools available to him to avoid paying the higher tax on his business/personal profit, he’s still getting a tax break on that first $250,000 in income – so at $260,000 in profit (don’t hold your breath for that to happen) he’s paying 3% more on 10,000 and less on the first $250,000
98% of small businesses make less than $250,000 –
But of course worry about money is just academic to a titan of industry such as yourself. We all anxiously await your next wise correction of my poor, illiterate scribblings.
