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Politics : Formerly About Advanced Micro Devices
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To: puborectalis who wrote (662930)7/19/2012 11:46:43 PM
From: i-node  Read Replies (1) of 1578161
 
So, what?

You can't do anything about that. It is a fact of life. What exactly do you think should be done?

My guess is you're under the mistaken impression that by increasing taxes you will cause wealth not to pool amongst the most wealthy? This is nonsense, of course. Even the confiscatory estate tax with a rate of 55% can't begin to affect the pooling of wealth.

If you understood the basic arithmetic behind compound interest you would know this.
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