There is a such thing as being too rich for Democracy so at some point we came up with cutting the mega rich's fortunes in half upon their death's. That way their kids still get half a fortune and the government/people get their half.
Article: How Rich is Too Rich For Democracy? | OpEdNews
But the rich have fought back and they got rid of the death tax. I don't know where it stands now but with our debt we could use half of Bill Gates fortune when he dies.
Or that guy who owns the Clippers. We should get half of the $2 billion he got from the sale of the Clippers. And he probably already paid $1 billion in taxes so his kids can have half a billion the state gets the rest.
Please don't cry for them. They'll be just fine. And if they don't pay then the poor and middle class have to pay. That's not right, fair and it doesn't work.
That's a good reason to abolish democracy, not to loot the wealthy.
Note that you haven't posted a single reason why the government should be entitled to a single cent of Bill Gates' fortune.
What is "fair" of taking half of everything someone spent all his life earning?
Adam Smith, Thomas Jefferson, and other fellow travelers
If there was one thing the Revolutionary generation agreed on — and those guys who dress up like them at Tea Party conventions most definitely do not — it was the incompatibility of democracy and inherited wealth.
With Thomas Jefferson taking the lead in the Virginia legislature in 1777, every Revolutionary state government abolished the laws of primogeniture and entail that had served to perpetuate the concentration of inherited property.
Jefferson cited Adam Smith, the hero of free market capitalists everywhere, as the source of his conviction that (as Smith wrote, and Jefferson closely echoed in his own words), "A power to dispose of estates for ever is manifestly absurd. The earth and the fulness of it belongs to every generation, and the preceding one can have no right to bind it up from posterity. Such extension of property is quite unnatural." Smith said: "There is no point more difficult to account for than the right we conceive men to have to dispose of their goods after death."
The states left no doubt that in taking this step they were giving expression to a basic and widely shared philosophical belief that equality of citizenship was impossible in a nation where inequality of wealth remained the rule.
Stephen Budiansky's Liberal Curmudgeon Blog: Adam Smith, Thomas Jefferson, and other fellow travelers
George Washington, nine months before his inauguration as the first president, predicted that America "will be the most favorable country of any kind in the world for persons of industry and frugality, possessed of moderate capital, to inhabit." And, he continued,
"it will not be less advantageous to the happiness of the lowest class of people, because of the equal distribution of property."
John Adams, feared "monopolies of land" would destroy the nation and that a business aristocracy born of inequality would manipulate voters, creating "a system of subordination to all... The capricious will of one or a very few" dominating the rest. Unless constrained, Adams wrote, "
the rich and the proud" would wield economic and political power that "will destroy all the equality and liberty, with the consent and acclamations of the people themselves."
James Madison, the Constitution's main author, described inequality as an evil, s
aying government should prevent "an immoderate, and especially unmerited, accumulation of riches." He favored "the silent operation of laws which, without violating the rights of property, reduce extreme wealth towards a state of mediocrity, and raise extreme indigents towards a state of comfort."
http://www.newsweek.com/2014/02/07/why-thomas-jefferson-favored-profit-sharing-245454.html