Bill Gates, Paul Allen, Steve Ballmer and the other millionaires and billionaires of Microsoft are brilliant, hardworking, entrepreneurial and justly wealthy. But only the first 5 percent of their wealth can be justified as an economic incentive to encourage entrepreneurship and enterprise. The next 95 percent would create much more happiness and opportunity if it were divided evenly among U.S. citizens or others than if they were to consume any portion of it.
Speechless.
Update: Gates, Allen and Ballmer are worth a combined $82.6 billion. Taking 95% of their wealth comes to $78.47 billion which is a one time payout of $261 per each of 300,000,000 Americans.
And yet the federal government is going to collect around $2 trillion in taxes this year. Cut that by just 4% and we could 'give' everyone $267 annually. That ought to create infinitely more happiness and opportunity.