A most excellent screed from rich guy Stephen King as to why Ritchie Rich needs to pay more taxes. To all of those Ritchie Riches who are “tired of hearing about” how they should pay more in taxes, he says:
Tough $hit for you guys, because I’m not tired of talking about it. I’ve known rich people, and why not, since I’m one of them? The majority would rather douse their d!cks with lighter fluid, strike a match, and dance around singing “Disco Inferno” than pay one more cent in taxes to Uncle Sugar. It’s true that some rich folks put at least some of their tax savings into charitable contributions. My wife and I give away roughly $4 million a year to libraries, local fire departments that need updated lifesaving equipment (Jaws of Life tools are always a popular request), schools, and a scattering of organizations that underwrite the arts. Warren Buffett does the same; so does Bill Gates; so does Steven Spielberg; so do the Koch brothers; so did the late Steve Jobs. All fine as far as it goes, but it doesn’t go far enough.
King and his wife are locally famous and revered in Maine for their charitable contributions and their support for the local arts community. The Kings’ money actually funded a faculty position in History at the University of Maine that a grad school friend of mine has occupied for the past 15 years or so–a position that otherwise would not have been funded. So he created at least one job–but as for the notion that Ritchie Rich is out there creating jobs? Bullcrap, says King: Continue Reading »