29th July 2012
Half Sigma has an interesting thought.
Jeff Bezos, who is the founder of Amazon.com, donated $2.5 million to support gay marriage.
This is just another reminder that the super-rich are liberals and not conservatives. Which is why I don’t understand why conservatives are so intent on lowering their taxes. Higher taxes for Jeff Bezos means less money for him to donate to left-wing causes.
Ah, if only it were that easy.
The fact is that Jeff Bezos and the Bozos won’t be paying those taxes, no matter how high the rates go, because they have clever lawyers who are connected with clever lobbyists who are connected with corrupt Congressmen and corrupt administration bureaucrats (Hi, Barack!) who, for a mere fraction of what they would pay in increased taxes, will slip a little innocuous-sounding provision into the Internal Revenue Code ensuring that all this punitive taxation just passes them by.
The targets aren’t their fellow super-rich liberals, but rather the up-and-coming entrepreneurs who just might create greater competition for yacht berths at the marina, tee-times at the country club, and reservations at The French Laundry. The latter tend to be pretty clueless about making the necessary defensive political connections (like Microsoft, before it got butt-fucked by the DOJ for not greasing the right palms) and hence are ripe for the plucking. (You’ll have noticed that both Apple and Google have properly funded lobbying and strategic campaign-contribution processes in place.)
No, it’s a pleasant thought, but not realistic. Would that it were.