Re:Modeling a Wealth Tax
by WalterBright on Wednesday August 19, 2020 @12:29AM
(#24207142)
Allen's wealth was neither given to him nor taken by him. He created it.
As for me, I prefer having a choice on what's for dinner than a vote on that. The US was founded on the principle of individual rights and liberty, not communal purpose.
No need to pity me, we are living in a golden age in the US. I have little doubt future historians will see it that way. I have no fear of billionaires. I don't buy that money buys elections. Hillary outspent Trump 2:1 and still lost, Bernie outspent Biden by some huge amount, and lost. Bloomberg flooded money into his campaign, and was completely eviscerated. I confess I daydream sometimes about what I'd do with a billion dollars that I'll never have, but that doesn't translate into any desire to tear down existing billionaires.
I missed several forks in the road in my life that could have led to billionaire status, but my taking the wrong fork each time was entirely my fault. I simply didn't see what in hindsight was obvious.
I'm missing something right now that could make me a billion dollars, and in five years I'll be able to tell you what it was :-)
As for me, I prefer having a choice on what's for dinner than a vote on that. The US was founded on the principle of individual rights and liberty, not communal purpose.
No need to pity me, we are living in a golden age in the US. I have little doubt future historians will see it that way. I have no fear of billionaires. I don't buy that money buys elections. Hillary outspent Trump 2:1 and still lost, Bernie outspent Biden by some huge amount, and lost. Bloomberg flooded money into his campaign, and was completely eviscerated. I confess I daydream sometimes about what I'd do with a billion dollars that I'll never have, but that doesn't translate into any desire to tear down existing billionaires.
I missed several forks in the road in my life that could have led to billionaire status, but my taking the wrong fork each time was entirely my fault. I simply didn't see what in hindsight was obvious.
I'm missing something right now that could make me a billion dollars, and in five years I'll be able to tell you what it was :-)