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Old 02-26-2010, 11:34 PM   #31
PresentTense Pirate Penske
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Re: Welcome to Tax!

Quote:
Originally Posted by LessinSF View Post
How can I earn $108 million and pay no state income tax? http://taxprof.typepad.com/taxprof_b...odger-la-.html
This is another reason why i now favour a wealth tax. No individual should be allowed to own or the beneficiary of assets in excess of (pick a number between $20MM and 50MM). the government should periodically redeem any excess via a tax from said individuals.
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