Only $25,000 an Hour, Sniffle

Michael Kinsley, channeling a private equity baron:

So now they want to take away our special tax break and tax our income like everybody else’s. Let’s get real. Last year I made $300 million and paid 15 percent of that in taxes, leaving me with $255 million. If I had to pay 35 percent like these other suckers, I would only have $195 million when the smoke cleared. If Uncle Sam thinks that I am going to keep spending my weekends emptying bed pans at the nursing home for just $195 million a year, it had better think again.


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