A logically defensible position against this is: "I trust those 400 people to do more good, to spread more wealth, to create more value, to create more jobs, to

A logically defensible position against this is: "I trust those 400 people to do more good, to spread more wealth, to create more value, to create more jobs, to innovate more, than I trust the government." Its a calculation of best return on investment, and not just return in a dollar sense. It might be more efficient for those 400 people to dump all their money into a charity that redistributes the money, than it is to trust elected officials to understand how to handle it. This isnt cash he has in a bank account. It's his money, reinvested into a conglomerate that builds, delivers, creates, serves.