Andy at AOSHQ has a few choice words for “Blue” America.
Very nice words from Gabe below. Very nice.
But as a high-income-a/k/a-1%-American who has never cheated on his taxes before, I have another message.
Fuck. You.
I’ve been paying AMT for, oh, five years now: 28% marginal on a lower base plus a state rate of 5.3%. The “Bush Tax Rates” that Obama talks about … oh, wait. He forgot about the AMT. He made out like the “rich” were paying ridiculously low tax rates.
Well, if you’re “rich” and still earn a living from real work and happen to live in a high wage/high tax state, this isn’t the case at all. You’ve been paying the AMT too.
So welcome to your red-state tax increase, folks. Your blue-state brethren voted that you should be taxed more. And they’re right! As it goes, anyway.
Because this folly won’t fall on me. I’m at a high enough rate as it is. And the incentive to cheat just went way up. The IRS charges a much lower interest rate than I’d ever have to pay from holding “the government’s” money for a while, so my income model just got another line called “tax float”.
Arbitrage, 99%ers, do you speak it?
You like your big government, assholes? Pay for it. But I’ll have a chair when the music stops.
I encourage all similarly-situated Americans to do the same.
You idiots that reelected Obama, and elected Warren and the like, can’t vote yourselves an infinite slice of my wallet. I’ll always be one step ahead of you.
A large amount of money will be moved to offshore tax havens between now and 12/31. Also, watch dividend-paying stocks. A ton of money’s about to be distributed in advance of the return-to-Boooosh!!11! tax rates plus the new Obamacare tax on investment income.
Oh, and it’s my birthday. Instead of spending it happily effing off, I’ll spend it moving money. Point. Click. Done. So, happy.
Also, FWIW, Dow futures are down ~100 points on “hope” as I write this.
[Update] Apologies if this is too ranty. I’m just pissed at the idiots that are stealing my hard-earned money.
I summed it up this morning in a comment:
What the “revolutionaries” forget about communism/collectivism is that when everything is “free”, nothing is.
You see, they won’t have more because there will be nobody to get the “more” from.

That earth-shaking you are feeling is Atlas starting to shrug…
Yep Obama brings everyone closer….. to the flaming pit of hell.
Been a while since I posted here, but I still visit often. This is one of the very very few sites I have left on my own blog links list. Reason being, because of the caliber of posts such as the one above. God Bless ya Utah. I will continue to return here to get my regular dose of politics and whatnot. As for me, I think I will just write about… cooking.
It’s sad, but people abusing the tax sysem, like Romney, have made it difficult for honest people. I especially liked his charitable trust for his church he set up for himself with a large chunk of earned income that paid very little to charity and most of it back to himself tax free. That was a nice one. Gotta hand it to him, he does know how to employ the best tax consultants and washington lobbyists.
Democratic Tax Cheats Outnumber Republican, 72% v. 28%
Looks like the folks on Wall Street are thinking that Obama is bad for business.
http://www.foxbusiness.com/markets/2012/11/07/u-turn-stocks-sink-after-us-elections/