Exposure Drafts appears every other Wednesday. Send your accounting cartoon ideas and heavenly billing rates to editor@goingconcern.com. You can follow Greg Kyte on Twitter.
Exposure Drafts: May the Lord Bless You and Allow Your Deductions
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H&R Block Founder Reminds Reporter That’s He’s Poor, Not Sure Why He and the Rest of Middle Class Aren’t Foaming at the Mouth
Earlier this week we were reminded that Warren Buffett is tired of being coddled and paying a lower tax rate (as a percentage of his total income) than his secretary. President Obama, not one to ignore an opportunity, called attention to WB’s comments that rich people should be paying more taxes while he was on the stump in Minnesota.
On the other side, Grover Norquist, who has never met a tax he didn’t hate, offered up a Twitter rebuttal suggesting that the Oracle shut his Blizzardhole and cut the check to Tim Geithner.
Now another fairly well off dude, H&R Block co-founder Henry Bloch has come out in agreement with Buffett, telling the Kansas City Fox affiliate that “[the] current tax code gives too many breaks to the rich.” Bloch, a registered Republican also takes issue with the notion that rich people create jobs, saying that’s “baloney” and that “Rich people don’t create jobs. Companies create jobs.”
Bloch continued on his rant, wondering why the peasants are taking this so well and then reminded the reporter interviewing him that he was one of those people.
Bloch says the middle class should be furious that the rich pay so little in taxes, hiding money in trusts and with their kids. “You probably pay a higher rate than I do… and yet my income is probably many times what yours is.” Bloch said to FOX 4 Reporter Rob Low.
Unconfirmed reports have indicated Mr. Low then hung his head in shame while Bloch’s stepped away to maintain the space between them.
The Middle Class Should Be Furious, Another Millionaire Says [Fox4KC]
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3 thoughts on “Exposure Drafts: May the Lord Bless You and Allow Your Deductions”
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FFS, Rome is burning and one of the funniest accounting talents of our generation continues to doodle around (literally). Hey Greg, get off your ass and write some funny articles for GC. This website may not be around much longer. It’s time for all hand on deck.
I actually look forward to these doodles every other Wednesday. If you don’t like them, don’t look at them.
FFS.