Noam Chomsky - Hypocrite!

A nice profile of Noam Chomsky in today's National Post.

One of the most persistent themes in Noam Chomsky's work has been class warfare. The iconic MIT linguist and left-wing activist frequently has lashed out against the "massive use of tax havens to shift the burden to the general population and away from the rich," and criticized the concentration of wealth in "trusts" by the wealthiest 1%. He says the U.S. tax code is rigged with "complicated devices for ensuring that the poor -- like 80% of the population -- pay off the rich."

But trusts can't be all bad. After all, Chomsky, with a net worth north of US$2-million, decided to create one for himself. A few years back he went to Boston's venerable white-shoe law firm, Palmer and Dodge, and, with the help of a tax attorney specializing in "income-tax planning," set up an irrevocable trust to protect his assets from Uncle Sam. He named his tax attorney (every socialist radical needs one!) and a daughter as trustees. To the Diane Chomsky Irrevocable Trust (named for another daughter) he has assigned the copyright of several of his books, including multiple international editions.

Chomsky favours massive income redistribution -- just not the redistribution of his income. No reason to let radical politics get in the way of sound estate planning.

When I challenged Chomsky about his trust, he suddenly started to sound very bourgeois: "I don't apologize for putting aside money for my children and grandchildren," he wrote in one e-mail. Chomsky offered no explanation for why he condemns others who are equally proud of their provision for their children and who try to protect their assets from Uncle Sam. (However, Chomsky did say that his tax shelter is OK because he and his family are "trying to help suffering people.")

Read the whole thing..it's delicious.