5/5/19: If you pay attention to the news you routinely stumble across evidence to show how much the super-rich needed the tax cuts that they received under President Donald R. Trump. (See: May 1, 2019, for explanation of the “R.”)
Consider this hypothetical example. You are Brian Duperreault, hard-working CEO of AIG. You and your family are taking a road trip. Night has fallen and you have been driving for nine hours. You and your wife and children are tired and stiff from spending most of the day crammed in the car. You pull into the first Motel 6 you see, only to discover all rooms are booked.
Down the road in Malibu, however, you happen upon Nobu Ryokan, a hotel where red neon letters flash: “Vacancy.” You pull up in front, park, step inside, and discover rooms are available.
Only $2,300 per night.
You thank your lucky stars that you got that tax
cut, and now your salary and compensation package ($43.1 million in 2018) stretches a little
farther. You and your loved ones won’t have to spend the night in a Walmart
parking lot, sprawled across the automobile seats, after all.
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Room with a view: only $2,300 per night. |
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