4 ms·
This is a good step, but the state should also be taxing them at close to 90% as well. That way all the other billionaires who don't care about philanthropy ar
by parallax7d 16y ago
This is a good step, but the state should also be taxing them at close to 90% as well. That way all the other billionaires who don't care about philanthropy are forced to contribute back into the system that allowed them to gain the wealth in the first place.
- mrtron 16y agoI don't know why this is being voted down - it is a valid point of view and historically significant! There are pros and cons to different tax models. A lot of US history has contained very high tax rates for the highly wealthy. This was the first google result (I don't want to promote that org) http://s3.moveon.org/images/tax_rate-chart.gif http://s3.moveon.org/images/tax_rate-chart.gif
- ArturSoler 16y agoThat would make everyone poorer in the long term.