I wasn’t talking about rationales for or against taxing the people who aren’t yet rich enough to cheat constantly on their taxes: everyone agrees that Joe Doing

I wasn’t talking about rationales for or against taxing the people who aren’t yet rich enough to cheat constantly on their taxes: everyone agrees that Joe Doing Okay is getting hit with a higher tax rate than John Capital Gains Optimization. I’m saying that there’s a legitimate debate about whether Bond-villain, capture-oriented, smash-and-grab, “how many TVs can you carry” career tracks should pay off for anyone. HN is in general the smartest crowd on the net, but there are a few blind spots, and being able to throw one rock in any direction and hit 9 “temporarily impoverished billionaires” is one of them.