"rw" wrote


You missed the point. The problem (as I see it, anyway) is *inherited*
wealth.



I agree with you rw

Circumstances have lead to me meeting a large number of very wealthy people,
both people that worked hard and worked smart to make that money and people
that have never done a thing useful for society in their pampered lives.
As individuals, I've come to highly respect most of the first and despise
most of the latter.

It is my belief that limits should exist on how much can be passed on ... I
think 'death taxes' are good taxes. Certainly the limit should be high
enough so that a rich man can leave each child enough to live off of for
life .... more than most of us can ever hope to have .... but not many many
millions, or billions.

To answer Tim J's question ... if I were very rich, I'd leave my son enough
that he could live on it for life, or if he had his own spark use it to grow
his own true fortune ... but the vast majority of 'my' money would go to
causes I believe in. One major reason I wouldn't leave my child pampered
way beyond his own efforts ... is, because I love him