Friday, May 21, 2010

How the rich do whine about their taxes

These last two graphics are linked from Barry Ritholtz’s Big Picture page at  They fit so well into my continuing themes I had to grab them. 

It’s funny how reluctant all the “outraged at the current situation” hedgies-who-blog are to talk about how low their marginal tax rates are, especially when you consider the “hedge fund exemption” that enables them to pay lower tax rates than their admins.

Ronnie sold the American people a bill of goods, that “you too can win the lottery,” and greed has reigned since Reagan.  I hope we’re approaching “the end of the age” from that point of view.

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