(03-06-2023, 06:58 AM)The Real Marty Wrote:

(03-06-2023, 03:17 AM)Lucky2Last Wrote: Mikey ain't wrong about this. There is a true income disparity in the US that is widening and needs to be fixed.

I disagree.  I don't see any need to fix it.  I think if a person invents a product or service that we all like and want, and he sells enough of it to become a billionaire, more power to him.  What he or she has done is a benefit to society.  And as I have already shown, we already tax the hell out of these people.  

But aside from that, if it was up to you, how would you fix it?

That's kind of a fairytale.  You might have people like Jobs or Gates in mind as you say this.  I agree it's good for those people to get huge rewards for their accomplishments.  Theres nothing wrong with the existence of billionaires per se.  But we don't necessarily tax the hell out of them.  They can acquire money by growing their business and selling shares of it afterwards, but, they are not always taxed on that.  Often it goes to a trust. It's a convoluted issue, especially for the extreme cases at the very top, and the large corporations.

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