Quote:
Originally Posted by Double X
Because it's the government's job to serve the people, and it is not serving the masses people if it lets richer people sit on it...
sounds like the same point again though...frankly I guess I never see richer people donating that much money to charity. I suppose I simply don't trust the upper class and I believe in the selfishness of human instinct. But if we do raise those taxes further the richer people that could donate but choose not to will still be putting more money in.
I know it's just quick googling, but the numbers shown here are astounding.
[Pophealth] richest 1% of Americans own almost 35% of all wealth, bottom half only 2.5%
I would say they are okay with losing another 25k if they have that much money.
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Warren Buffett, the world's second richest man, has pledged $30.7bn of his $44bn fortune to the
Bill and Melinda Gates Foundation. The billionaire investor will donate the money in stages, he said, in the form of shares in his company Berkshire Hathaway Inc.
60 largest donations of 2007
Over 100 billion in donations plus Buffets 30 Billion nearly 2/3 his fortune. The people you want to take the money from, the 25K are donating in excess of 25 Billion.