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Is it possible the dream of top-tier success will disappear ?
Americans for 200 years have celebrated free-enterprise success - example: Bill Gates - If we now heavily tax someone whose dream it is to excel to that level - Doesn’t that mean a glass ceiling is being imposed in America where success like Bill Gates has had will be impossible to attain going forward ?
No.
I think America’s dream will always find a way to excel - whether it needs to deal with burdens or not. People have the ability to strive for their dreams and the ones who are really set upon those goals will still find a way.
Personally, I think we need to go back to the days where there were no taxes - people worked for a living and helped each other - that’s my idea of a perfect world.
If you went bankrupt (like the wall street companies) then HOW can you afford to pay one guy 270 times your lowest paid worker? Answer: you can’t, which is why you went bankrupt.
Now, rather than point the finger at Bill Gates…look at Larry Page / Sergey Brin, the co-founders of Google…they did get a National Science Foundation grant while at Stanford for some of their research…however, to fuel their business, they got VC funding from top teir firms…thus, their rise to top 10 on the billionaire’s list.
Has Washington suggested we take these guys stock away? Or that we do the same for Larry Ellison, Steve Jobs, or any other tech luminary? Nope.
Nor has the President (or Senate, OR house, or any other elected official) suggested that we need to limit pay for, I don’t know, the head of the Post Office (who made more than the new “cap” salary of the TARP recipients)…so, if the head post office worker can make a larger salary than a Wall Street fat cat…well, is that a problem?
Not when you consider the post office isn’t bankrupt, AND it’s self funding now where before, it was funded by the government. If the government is going to start capping salaries of non bail out recipient companies, the Postal Service would be the first one in the line up. And, they’re not suggesting it, anywhere, neither democrats nor republicans.
No.
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