Wednesday, July 25, 2007

Artice: Distrobution of Wealth

The Richest of the Rich, Proud of a New Gilded Age

A discussion of the state of the super rich that have grown that way from hard work and smart investment.  Then, in most cases, these ultra rich folks (Bill Gates, Buffet, etc.) turn around and give it all away.  The government keeps taxes reasonable which give the rich control of their profits, which, in the end, makes the world a better place.  This article goes well with my current read of Atlas Shrugged by Ann Rand.  While that was written in the 50’s it is interesting to consider why it was being written then (as corporate tax rates soared to 70% in the 70’s as the article presents).  Today, the climate is good for business, and good for the world.