So Donald Trump is having a party to celebrate his Inauguration. Good for him. He also wants somebody else to pay for it. Unsurprisingly billionaires are ponying up millions for this little shindig. New York Times reports he has $200 hundred million. I suppose tossing a million dollars into Trump’s party is the price of doing business. It, hopefully, keeps Trump from hassling them for the next four years.

On the other hand, it fails to convince me that they need less taxation. These men can give millions for a party. They are obviously not terribly worried about the cost. Indeed, I suspect it might be less expensive to pay a million dollars to Trump than pay actual taxes. and this is precisely why the very rich need to be taxed more.