Then he’s a hypocrite for saying the rich should be paying more. Anyone who says this should be willing, and able, to make up-front payments to the IRS in lieu of the tax code being changed to reflect a higher tax rate for the wealthy. If they won’t, or can’t because of how their investments are structured, then they should shut up. Either put their money where their mouth is, or shut up.
And no, I’m not advocating a change to the tax code (unless it’s to lower the tax rates or restructure it to a flat tax). I’m simply responding to these wealthy idiots who won’t follow through on their blabber.
Ditto’s to you both.