Saturday, March 12, 2011

Some tax advice for Stephen King

Here's one of my typing heroes, Stephen King, on the tax code, compliments of a link from Don Surber:

Some of the highlights:

Now you might say, what are you doing up there? Aren’t you rich? The answer is: thank God, yes. Because I grew up poor. I lived in a family where my mother asked donated commodities from a Republican administration and got turned down. That’s where I came from. And you know what, as a rich person I pay 28% tax.

What I want to ask you is why am I not paying fifty?

The answer, Mr. King, is that you have chosen to pay less.  Just like Warren Buffett, Bill Gates, John Kerry, Barack Obama, Nancy Pelosi, Michael Moore, Harry Reid all pay less than they could.  Why do they pay less than they could? 

Because none of them are idiots, and because all of them pay accountants to ensure that they pay less. 
Stephen King, unless he's a total idiot, has a tax advisor.  This person works very hard to see to it that Stephen King's money isn't wasted. 

If Stephen King wants to pay more, he can write a check to:

Gifts to the United States

U.S. Department of the Treasury
Credit Accounting Branch
3700 East-West Highway, Room 622D
Hyattsville, MD 20782


Nick Rowe said...

Good advice.

But I suggest we go further. We should consider these public pronouncements to be VOLUNTEERING to pay more.

We should send IRS agents to the banks of King, Soros, Lewis, Buffett, Gates, Bren, Page, Zuckerberg, Winfrey, Pelosi, Corzine, Feinstein, Clinton, Obama, Kerry, etc. and CONFISCATE 99% of their wealth.

We can allocate those funds as follows:

- 20% to national debt reduction
- 40% for health insurance for the poor
- 40% for anti-poverty programs

If you take issue with my "plan" for redistributing their wealth, it's no matter because one planner's values are no better than any other planner's values.

That's what Hayek taught me.

Tim Lebsack said...

I've several times suggested to various statist/communist/socialist/??? acquaintances that they should get together with friends and neighbors, form their ideal group and enjoy the pleasures created. Still waiting.