I read this week where Governor Arnold Schwazzenegger (or however the hell you spell it) flies home from Sacramento every weeknight to be with his family in Los Angeles. The cost? $10,000 per flight. Arnold, worth over $100 million, pays for the flights himself.
And a huge carbon cost, too (something of concern to those fools who actually believe in man-made catastrophic global warming). But Arnold offsets this by purchasing carbon credits. Arnold is on record as believing in catastrophic man-made global warming. What he is doing by purchasing the carbon credits is, of course, purchasing indulgences to appease his guilt. My question is: 1) are the costs of the daily flights tax deductible to Arnold? 2) are the costs of the carbon credits he purchases tax deductible? If the answer to the two above questions are "yes" then I suggest to you that the $80,000 that Eliot Spitzer spent on hookers should be tax deductible, too.
