I thought that the mega-rich have tons of tax lawyers and accountants to ensure that they pay minimal taxes. The mega-rich also donate many dollars to candidates that support their quest to avoid taxes.
Perhaps big boy Buffett can write an extra check or two, or report taxable income that falls on the tax side of the ledger.
Perhaps he can point out the loopholes that the mega-rich pay for and use, and help to close them.
If that idiot wants more taxes I suggest a Wealth Tax of 10% on their net worth every year. Because he pays NO taxes on his accumulated wealth and loop holes his income tax.
“I thought that the mega-rich have tons of tax lawyers and accountants to ensure that they pay minimal taxes. The mega-rich also donate many dollars to candidates that support their quest to avoid taxes.”
Yes, they do. But I’ve always found criticizing them for this akin to yelling at a kid for running away from a bully. There’s only so much taxing a man will allow, and above a certain point he just won’t pay. Loophole hunting, avoidance, evasion, etc., like “breakage” or “leakage” in the private sector, are the costs of doing government business.