[FoRK] Tax the tall...

[Jeff Bone]

On Dec 12, 2007, at 12:44 PM, owen at permafrost.net wrote:

> "By the same logic, they imply (though they do not state outright)  
> that the government has no right to force someone with the “justly  
> acquired endowment” of entrepreneurial genius to pay a higher tax  
> rate."
>
> Now perhaps I'm too much of a cynic, but  this seems to be  
> addressing the government's idea of taxing Private Equity's carry  
> as income, rather than capital gains. In other words, the writer  
> wants to make the case that those with 'the “justly acquired  
> endowment” of entrepreneurial genius' shouldn't have to pay the  
> same tax rate as everyone else. Nothing like a little propaganda to  
> demolish a perfectly good thought experiment (they don't seem to  
> have any details that would let you follow their reasoning). And  
> maybe I'm too cynical, but the Bushies inspire it!

Owen, I think you've been so traumatized by the last few years  
(haven't we all?!?) that you're seeing Bushies everywhere...

jb