More to come on this, but I didn't want to let this nasty piece of work by the New York Times go without comment. We've gotten to the point where the New York Times is illustrating its articles about the need for lower marginal tax rates in America with aerial photographs of selected hedge fund managers, their wives, and the country homes of the money managers. What do the wives and the country homes have to do with it? Where are the pictures of the country home(s) of the publishers of the New York Times, who also had a family office until it was basically wound down when the family fortune (already shielded from estate tax via a trust) diminished to the point where it was no longer worth the expense? Where are the pictures of the wives and country homes of the tax lawyers and accountants who dream up these plans and of the politicians who set rates that make them desirable? Notice that while George Soros is mentioned in the article, his wife or ex-wife or girlfriend and his country home are somehow left out. The whole thing is just executed as if it were something from a left-wing agitprop organ rather than a respectable mainstream newspaper.
A New NYT Low
by Editor | Related Topics: George Soros, Taxes receive the latest by email: subscribe to the free futureofcapitalism.com mailing list