Who exactly were the rich who, as the president said, were not “paying their fair share”? The rapper Jay-Z (net worth: nearly $500 million)? The actor Johnny Depp (2011 income: $50 million)? Neither seems to have heard the president’s earlier warning that “at a certain point you’ve made enough money.”
Could both zillionaires simply have quit making money at $10 million — and thereby given their poorer audiences a break on ticket prices?
With all the talk of raising taxes on the supposedly conservative rich who make more than $250,000 per year, why not levy a $3 surcharge on tickets for movies, concerts, and sporting events to “spread the wealth” from multimillionaires? That way, LeBron James (approximate annual earnings: $53 million) or Oliver Stone (net worth: approximately $50 million) might at last begin to “level the playing field.”