I was in court this morning as a character witness for Myron, my hotheaded, redheaded, wealthy and brilliant cousin. I sat in the back of the court and read our local newspaper, The Centre Daily Times, while waiting for Myron’s case to come up. The CDT often, and I think accidently, puts two articles or opinions together that are made for each other. Today on their opinion page they had an editorial on the end of the American Dream, about young people unable to get decent jobs, and one on taxing the super-rich, by imposing a yearly 2% wealth tax on the 0.5 percent of Americans with assets of over 7.2 million dollars.
As it turns out, Myron was in court because of one of the super-rich, our cousin Alvin. Alvin likes to parade his great wealth and, by default, his great intelligence before us at our monthly cousin’s club. His son Stephan, the congressional candidate, is even worse. Myron likes to point out, and I think with some cause that Stephan’s claim to fame, before the congressional race, was his ability to pick both nostrils, cross-handed, simultaneously.
It started as a simple discussion about taxes. Myron feels that taxing the rich through income, capital gains, and percent of wealth is reasonable and more than reasonable now during an economic downturn. Alvin thinks that paying taxes is for saps like Myron.