For starters, I speculate that Peterson's 1 billion are mostly marked to Blackstone's stock. I doubt he has 1 billion in dollar bills under his mattress. Moreov

For starters, I speculate that Peterson's 1 billion are mostly marked to Blackstone's stock. I doubt he has 1 billion in dollar bills under his mattress. Moreover, the guy is going to donate most of it. Sure, he's going to spend it in what seems to be a rather shady area, but nonetheless... I am not American. I came from a "socialist" country in Europe. I am tired to this blame-the-rich meme, the envy, the spiritual mediocrity associated with "socialism". If people do well in life, they should be able to keep most of their money. I personally think all billionaires should do philantropy, but I am don't think they should pay higher taxes. I believe one should have the right to decide how to distribute one's wealth, not allow the government to subsidize its propaganda machine with other people's money. Moreover, wealthy people doing philantropy are most likely better equipped than the government to distribute their wealth in an efficient manner. Do you honestly believe that the people working in the government are there to serve the American people?