>>>
In a much smaller way, I'd add my son Glen who started his own engineering business from scratch with non-stop sweat equity, imagination and hustle and is doing well.>>>
>>>So, I am sure that you would have no problem with it if someone (the taxman) decided that your son had more money than he could ever spend and took 80% of it away...
>>
>>I think I made it clear that the high earners should pay more than my son.
>
>"Should"..."ought".....by whose authority? By what moral code?
Good question.
I can't speak for authority or moral code, but common sense tells me that people who take more out a closed system should put more back. If they don't the system will eventually implode.
Anyone who does not go overboard- deserves to.
Malcolm Forbes, Sr.