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To: sinkspur
I picked up the following quote from this thread by one of Arnold's advisors. What do you make of it in light of Warren Buffett and his aversion to cutting taxes?

"Arnold likes paying taxes," said his chief financial adviser, Paul Wachter. "He always says if I'm paying a lot of taxes, I must be making a lot of money."

24 posted on 08/13/2003 7:55:23 PM PDT by Shethink13
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To: Shethink13
"Arnold likes paying taxes," said his chief financial adviser, Paul Wachter. "He always says if I'm paying a lot of taxes, I must be making a lot of money."

Rich people are always going to pay lots of taxes. Even in a flat tax environment, rich people would pay and pay and pay.

28 posted on 08/13/2003 8:00:24 PM PDT by sinkspur (Get a dog! He'll change your life!)
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To: Shethink13
"Arnold likes paying taxes," said his chief financial adviser, Paul Wachter. "He always says if I'm paying a lot of taxes, I must be making a lot of money."

Rich people are always going to pay lots of taxes. Even in a flat tax environment, rich people would pay and pay and pay.

29 posted on 08/13/2003 8:01:05 PM PDT by sinkspur (Get a dog! He'll change your life!)
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