First of all, I'm not overly impressed by the tax opinions of people who could pay a 95 percent rate and still have plenty left over for mansions and private jets. I'm self-employed, and there have been a few lean years when I've had to borrow money to pay taxes and still get the bills paid. If he's feeling bad about it, he's perfectly welcome to pay the 30 percent rate voluntarily.

Second, anytime somebody focuses on the tax rate, and not the amounts, they're missing the point. Investment of surplus wealth is the life-blood of the economy, and penalizing it excessively is not a good idea.