BONO: HYPOCRITE?
A familiar paradox about leftist celebrities in the entertainment industry is that their embrace of progressivism almost never includes a wholehearted embrace of progressive taxation, i.e., the principle that the richer you get, the larger the percentage of your income you ought to pay in taxes. The latest example is U2’s Bono, a committed and unusually sophisticated anti-poverty crusader who is taking surprisingly little heat for the decision by his band, U2, to relocate its music-publishing business from Ireland to the Netherlands in order to shelter its songwriting royalties from taxation.
The irony was stated in admirably stark terms by Bloomberg’s Fergal O’Brien, who reported on Oct. 16: “Bono, the rock star and campaigner against Third World debt, is asking the Irish government to contribute more to Africa. At the same time, he’s reducing tax payments that could help fund that aid.”
It’s easier to be generous with other people’s money. Cheaper, too! And yet if anything it seems to be more admired than being generous with one’s own.