Subject: Re: Biden's billionaire tax rate fact checked
Al, how much did a partnership share cost you in the 70s or whenever you might have become a partner?

Al, how much is that partnership share worth now. More?

I’m not quite that old - and my interest is worth not that much more. Law firms, by and large, do not accumulate large amounts of money or assets. The amount of capital in the business doesn’t change all that much, and very little of the firm’s earnings accrue that way. Appreciation of my capital shares will be barely a percentage point (if that) of my lifetime earnings. Compare that with a Buffett or a Gates.