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Politics : Mainstream Politics and Economics -- Ignore unavailable to you. Want to Upgrade?

To: longnshort who wrote (20459)	7/23/2012 6:40:11 PM
From: Wharf Rat	Read Replies (1) \| Respond to of 85487

"the rat doesn't want the rich to pay their fair share" Some of us consider the fair share to be a high number. Others consider fair to mean equal. I fall in the first group; 99% above a billion dollars is fair. "We grudge no man a fortune in civil life if it is honorably obtained and well used. It is not even enough that it should have been gained without doing damage to the community. We should permit it to be gained only so long as the gaining represents benefit to the community. … The really big fortune, the swollen fortune, by the mere fact of its size, acquires qualities which differentiate it in kind as well as in degree from what is possessed by men of relatively small means. Therefore, I believe in a graduated income tax on big fortunes, and … a graduated inheritance tax on big fortunes, properly safeguarded against evasion, and increasing rapidly in amount with the size of the estate." Teddy Roosevelt slate.com