So not only does Louisiana have an idiot for a governor, but somewhere in Lafayette there's an idiot lawyer running around saying things like this:
A 63-year-old attorney based in Lafayette, La., who asked not to be named, told ABCNews.com that she plans to cut back on her business to get her annual income under the quarter million mark should the Obama tax plan be passed by Congress and become law. ...
"We are going to try to figure out how to make our income $249,999.00," she said.
"We have to find a way out where we can make just what we need to just under the line so we can benefit from Obama's tax plan," she added. "Why kill yourself working if you're going to give it all away to people who aren't working as hard?"
The attorney says that in order to decrease her income she'll have to let go of clients, some of whom she's been counseling for more than a decade.
"This means I'll have to tell some of my clients we can't help them and being more selective in general about who we help," she said. "I hate to do it."
"We are going to try to figure out how to make our income $249,999.00," she said.
"We have to find a way out where we can make just what we need to just under the line so we can benefit from Obama's tax plan," she added. "Why kill yourself working if you're going to give it all away to people who aren't working as hard?"
The attorney says that in order to decrease her income she'll have to let go of clients, some of whom she's been counseling for more than a decade.
"This means I'll have to tell some of my clients we can't help them and being more selective in general about who we help," she said. "I hate to do it."
Apparently LSU law school doesn't teach how tax rates work. Jonathan Chait does a pretty good job mocking the ignorance of wealthy taxpayers and then does it again for good measure, so I won't pile on.
Although, since they don't know the difference anyway, why don't we just tax them at the old rate of 70% and eliminate their deductions. Obviously they've never received a copy of the tax code in Louisiana, so they haven't heard of the Idiot Tax. Oh wait...I wasn't going to pile on. Nevermind.
