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I have been thinking a few times that we should have laws (taxes) against 'billionaires'. Who needs them. Okay I know some people say, being able to become rich is an incentive for some. I don't mind millionaires - but why not limit it to 50 millions, for example. Keep the money circulating.

How are the people supposed to keep the economy going if the do not have decent salary to lead a decent lifestyle with. Aren't the consumers the motor of the economy?

Yes, the next thought would be the environment - so having less billionaires, and millionaires and people with enough money to buy solid quality durable goods instead of junk, wouldn't that be better for the environment too?

Just my 2 cents on a Sunday. :-)

by Fran (fran at eurotrib dot com) on Sun Jul 6th, 2008 at 10:01:33 AM EST
so having less billionaires, and millionaires and people with enough money to buy solid quality durable goods instead of junk

should say:

millionaires and more people with enough money to buy solid quality durable goods instead of junk
by Fran (fran at eurotrib dot com) on Sun Jul 6th, 2008 at 11:23:55 AM EST
[ Parent ]
people should be able to keep their first million, then if they're such work junkies they don't want to move over, they can keep it up, but have to donate salaries to the needy.

heresy!

'The history of public debt is full of irony. It rarely follows our ideas of order and justice.' Thomas Piketty

by melo (melometa4(at)gmail.com) on Sun Jul 6th, 2008 at 12:32:56 PM EST
[ Parent ]

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