The summer on the Hamptons are coming to an end and the mega-rich are celebrating special occasions with lavish weekend soirees. None more extravagant that the Southhampton party hosted by a billionaire investor for his 60th birthday. His 200 guests joining the fat cat were entertained by Elton John. Their names are well-known to the world as the Rich and Famous; politicians, movie stars, bankers, sports figures et al. No expense was spared for the occasion.
The only non-rich at the event were the help.
The millions for his birthday would buy about a half-million Happy Meals at Mickie Ds, the soup kitchen of the current Depression.
The birthday boy expressed hope that his opulent party can help spark the engines of the 'trickle-down' economy at a time when Warren Buffett is asking for his fellow billionaires to pony up more money for taxes.
His suggestion was ridiculed by the supposedly 'non-partisan' Tax Foundation.
“There's simply not enough wealth in the community of the rich to erase this country's problems by waving some magic tax wand."
Such a comment is to be expected from a think-tank supported by Exxon and the Koch Brothers, but they do state that seizing the entire wealth of the super-rich would amount to approximately $1.53 trillion.”
It's not much, but it's a start.
Happy birthday Mr. Black.
Of course I'm pro-No Tax too.
Zero.
Bring the troops home.
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