(Page 2 of 2)
A second Times expert is “Scott Klinger, tax policy director of the group Business for Shared Prosperity.” Mr. Klinger gets the last word in the article with the admonition, “the tax code shouldn’t allow the wealthy the kind of loopholes that let them, essentially, force other taxpayers to underwrite donations to their pet causes.” The Times doesn’t point out that Business for Shared Prosperity is itself a non-profit organized under sections 501(c)(3) and 501(c)(4) of the tax code. Pet causes and loopholes, indeed.
If the Times wants to start campaigning for tax reform that would simplify the tax code, I’d be first in line, maybe second behind Ronald Lauder. But what this story seems to be about is not that, but rather an effort to single out Mr. Lauder alone, out of all the high-net-worth individuals in the entire country, for negative scrutiny. He doesn’t deserve it any more than the family that owns the New York Times does.