The fact of the matter is it's very reasonable to ask the wealthiest estates to pay their share. We did that since Teddy Roosevelt, a Republican president.
Sentiment: POSITIVE
Friends, I'm angry about what's happening in politics today! Why is it wrong to ask the wealthiest people and most profitable corporations to pay their fair share?
Inherited wealth, that is not what America is based upon.
Redistribution of wealth would require enormous amounts of investment. The only time an elite has accepted this has been during crises, such as in America in the 1930s under Roosevelt.
All the political angst and moral melodrama about getting 'the rich' to pay 'their fair share' is part of a big charade. This is not about economics, it is about politics.
The generosity of the super-rich is sometimes proffered as evidence they're contributing as much to the nation's well-being as they did decades ago when they paid a much larger share of their earnings in taxes.
One of the things I have been preaching around the world is collecting taxes in an equitable manner, especially from the elites.
You can tax the rich all you want. The problem is there aren't enough of the rich.
When you hear a politician say 'fair share,' you are talking about hypocritical political propaganda. You are not talking about an intelligent discussion of who is paying what and who isn't paying taxes.
In the Eisenhower era, when earnings over $400,000 were subject to 91 percent taxes and the world was a smaller place, you could count the truly wealthy on one hand: Getty, Dupont, Mellon, Rockefeller, though even those fortunes were being dispersed to children as the old robber barons died off.
We need to have the social investments by which to quote unquote distribute some of that wealth.
No opposing quotes found.