Liberal Billionaires and Their Income Taxes

                       

Rich billionaire liberals don’t mind high income taxes. At least in their public comments, when they attempt to curry favor with liberal politicians for pet business projects of their own.

                       

They never mention charitable deductions or foundation benefits that the vast majority of these billionaires enjoy. They are not too concerned with income taxes that sap the creation of wealth most already have. .

                       

They do worry about capital gains because they pay little taxes on income but have more capital gains to report. Or they have income protected to an extent by holding company exemptions. (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)