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Originally Posted by Sliver
You're right in the sense that most of us on here have way more than other individuals around the world. On the other hand, no one person can earn $2 billion.
I think at some point one guy can have too much and I think it's reasonable to consider putting some of that 'back in the pool' somehow. I'm thinking about this as I go, but maybe a death tax or something? I certainly wouldn't want any of my money taken from me if I have some at the end, so I wouldn't want the death tax to affect me. Maybe just insanely wealthy people. Like your first $250 million isn't taxed at death, but anything above that is taxed at 75% or something. Probably a bunch of reasons why that's a bad idea, but I can't shake the thought that at a certain level of wealth, you officially have too much and it is coming at the expense of too many other people that are suffering.
I really like the movement that is happening around the world where some of the wealthiest people are leaving huge fortunes to charity. That's how it should be.
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Ironically the UK has a 40% inheritance tax, Canada none.