Skip to content
Andrew Tobias
Andrew Tobias

Money and Other Subjects

  • Home
  • Books
  • Videos
  • Bio
  • Archives
  • Links
  • Me-Mail
Andrew Tobias
Andrew Tobias

Money and Other Subjects

Telling It Like It Is — On ICE And Taxes

January 25, 2026

ICE

Seth Moulton — marine to marine (60 seconds).

The terrorists are the ones wearing masks, terrorizing an entire city.



TAXES

Taking it to the billionaires at Davos (90 seconds).

Let me stress that “some of my best friends are” billionaires — wonderful people doing wonderful things.  Not a grifter or murderer among them.

Many have asked to be more heavily taxed:


The Guardian: Nearly 400 millionaires and billionaires call for higher taxes on super-rich.

Fast Company: A majority of millionaires say extreme wealth is a threat to democracy.

Forbes: Majority Of Surveyed Millionaires Think Trump Is Damaging Global Economic Stability.

Fortune: Nearly 400 millionaires and billionaires across 24 countries are demanding Davos leaders tax them more: ‘Tax us. Tax the super rich.’

Politico: The tax revolt against global elites.


Some have joined The Patriotic Millionaires.

If, like almost everybody, you’re not yet quite at that level, join Indivisible instead.  Demand (among so much else) the kinds of tax reforms I’ve been suggesting.


Trevor Noah explains why you can’t tax billionaires (90 seconds), tongue firmly in cheek.  But I have argued that you can — How To Tax Wealth — and continue to think it’s a good, workable idea.  (Don’t worry about your wealth, except to the extent it exceeds $100 million.)


Most uber-rich people are patriotic and honest — but competitive.  They may not need that second half billion, or that fifteenth billion, but it’s fun to win . . . and if the rules let you avoid taxes, you’re not going to pay more than you have to.  Why should you, when the guy on the yacht next to you isn’t?

But if everyone has to . . . if the loopholes are closed and top rates hiked for everyone in the top 0.1% and 0.01% . . . if you get a really nice letter congratulating you on your success and thanking you for your good citizenship — maybe even a beautiful commemorative bronze medallion in any year you pay more than $1 million, silver each year you pay more than $5 million, gold $25 million . . . you get the idea . . . I think they would.

Why not?

 

Post navigation

← 1929 / 1789 / 1984 / 2028
Lies And Lawlessness →

Quote of the Day

"Follow a tip from a company's president and you will lose half your money. Get a tip from the chairman and you'll lose all of it."

Bennett Goodspeed (The Tao Jones Averages) quoting a canny Scot.

Subscribe

 Advice

The Only Investment Guide You'll Ever Need

"So full of tips and angles that only a booby or a billionaire could not benefit." -- The New York Times

Help

MYM Emergency?

Too Much Junk?

Tax Questions?

Ask Less

Recent Posts

  • We're Gonna Win. (But Will PRKR?)

    February 18, 2026
  • Must Watch / Must Read

    February 17, 2026
  • Housekeeping . . .

    February 16, 2026
  • Oh, Pam!

    February 15, 2026
  • Maureen Dowd: Doom Scrolling Indeed

    February 14, 2026
  • Courage Is Contagious

    February 13, 2026
  • Ideas For Your Consideration

    February 12, 2026
  • Hey, Yang -- Where's My $1,000?

    February 10, 2026
  • The Epstein Class That's Running Our Country

    February 10, 2026
  • Four Simple Words

    February 9, 2026
Andrew Tobias Books
  • Facebook
  • Twitter
©2026 Andrew Tobias - All Rights Reserved | Website: Whirled Pixels | Author Photo: Tony Adams