They don't pay taxes. They pay lawyers and accountants to avoid paying into the common fund. The NYT gives us a look at the new titans of the gilded age and it's not a pretty picture. Not since the 1920s has the majority of the national wealth been concentrated in so few hands and the business giants of today are not the men that Rockefeller and Carnegie were. Not that the barons of the 20s were all that honorable but at least they created products and jobs, by and for Americans and had some sense that they owed their success to the work of the "little people."
Today's parasitic tycoons, who make their fortunes by shuffling other people's money around the world, creating nothing but paperwork and profits for the few, feel entitled to their extravagant gains by dint of their "superior" talents. But as one of the few humane CEOs out there, James D. Sinegal, chief executive of Costco, says, “Obscene salaries send the wrong message through a company. The message is that all brilliance emanates from the top; that the worker on the floor of the store or the factory is insignificant.”
More typical is Kenneth C. Griffin, "who received more than $1 billion last year as chairman of a hedge fund, the Citadel Investment Group." He and others of his class say “The money is a byproduct of a passionate endeavor.” But the claim falls apart at the prospect of having to share their good fortune with the less fortunate who contributed to it.
“The income distribution has to stand,” Mr. Griffin said, adding that by trying to alter it with a more progressive income tax, “you end up in problematic circumstances. In the current world, there will be people who will move from one tax area to another. I am proud to be an American. But if the tax became too high, as a matter of principle I would not be working this hard.”
What principle would that be? Selfishness and greed are the only ones I can think of off hand.
[Thanks to Avedon Carol for the link.]
0 Yorumlar