Opens in a new tab

Master of horror Stephen King tries to scare wealthy into paying more taxes

April 30, 2012

Stephen King doesn't pull many punches in his tales of terror.

Stephen_King,_Comicon_via_Wikimedia-CommonsSo it's no surprise that he goes right to the jugular in a caustic and profane (consider yourself warned if you keep reading) post on The Daily Beast aimed at his wealthy peers who are tired of hearing that they should pay more taxes.

"Cut a check and shut up, they said.

If you want to pay more, pay more, they said.

Tired of hearing about it, they said.

Tough shit for you guys, because I'm not tired of talking about it. I've known rich people, and why not, since I'm one of them? The majority would rather douse their dicks with lighter fluid, strike a match, and dance around singing "Disco Inferno" than pay one more cent in taxes to Uncle Sugar. It's true that some rich folks put at least some of their tax savings into charitable contributions. My wife and I give away roughly $4 million a year to libraries, local fire departments that need updated lifesaving equipment (Jaws of Life tools are always a popular request), schools, and a scattering of organizations that underwrite the arts. Warren Buffett does the same; so does Bill Gates; so does Steven Spielberg; so do the Koch brothers; so did the late Steve Jobs. All fine as far as it goes, but it doesn't go far enough."

No amount of charity can take care of the responsibilities assigned governments, says King, citing the care of a country's sick and its poor, the education of its young, the repair of infrastructure, the repayment of staggering war debts.

The prolific Maine novelist also took aim at the argument that more taxes on the wealthy prevent them from using that money to create jobs. Not so, says King. Rather, the wealthy tend to invest extra money, often abroad.

And King assures his fellow multi-millionaires that he doesn't want them to apologize for being rich.

"I want you to acknowledge that in America, we all should have to pay our fair share. That our civics classes never taught us that being American means that — sorry, kiddies — you’re on your own. That those who have received much must be obligated to pay — not to give, not to 'cut a check and shut up,' in Governor Christie's words, but to pay — in the same proportion. That's called stepping up and not whining about it."

Otherwise, he warns, income and tax inequality in the United States will increase. And that's a horror story affecting everyone at all income levels.

You also might find these items of interest:

Share:

The More Tax Posts tab at the top of this page will take you to, well, more tax posts. You also can search below for a tax topic. 

Latest Posts
How to avoid being haunted by ghost tax return preparers

October 28, 2026

Some ghosts this Halloween are cool trick-or-treaters. But when it comes to taxes, beware of…

Read More
TAX-SAVVY WAYS 
TO WRAP UP 2026

It’s over! With October’s extended filing deadline behind us, it is now time to focus on year-end moves to reduce your 2026 tax bill. 

You’ll find ways to do just that on the Tax Tips page (see the More Tax Posts drop-down menu at the top of the blog), as well as the separate tax tip pages for each month, notably October through December. If you’re on the Tax Tips page, you’ll find a monthly list at the end of this column. If you’re on another blog page, you can head straight to the October tips; at the bottom of that tips page you’ll find links to all the other 11 months’ collections of tax advice.

Not to spoil what you’ll find in that tax advice, but it does cover such things as tax deductions for charitable donations, investment moves that could reduce tax due, and ways to max out your tax-favored retirement savings. 

Finally, as the year winds down, things get hectic. There are lots of other things to occupy our time, like the much more fun upcoming holidays. But don’t lose sight of taxes, since timing is key. To be of use, most tax moves must be made by the end of the tax year. That’s Thursday, Dec. 31, which also is the last business day of the year. 

So that you don’t miss that final tax year deadline, also keep an eye on the countdown clock below. It will keep you on top of just how much time is left to make important, tax-saving moves. (Note: I’m in the Central Time Zone, so adjust accordingly for where you live.)

Comments
Leave the first comment