Facetious
Moderated
Vio 79 said:take a person like Bill Gates. He has what, 55 BILLION dollars. No person on Earth needs that kind of money. If he was taxed beyond all comprehension, millions of people, and I don't mean lazy people, I mean hard working or retired people, could benefit from that money. His taxes alone would save Social Security in this country. Like my dad tells me, when I get to be his age, Social Security is going to be non-existant.
Although I agree with your sentiment entirely, the wealthiest people in the world can and will take their business away to a nation (or principality) that taxes them the least amount. Having said that, the American govt. wouldn't be very popular chasing away a big part of the economy (GDP), via a confiscatory tax schedule for mega achievers like Gates etc.
It's just a numbers game, after . . . oh . . . say $10 million, huh ? :o
Gates is actually one of the better philanthropists . . but georges soreohhs ?. . . philanthropist ? :dunno: Giant termite, undermining the pillars of the cities of America, YES !