Calblog

Taxes

Here's an idea that I am sure I disagree with but darned if I have the argument back. From Calpundit:

Yes, rich people are often rich because of their innate talents and hard work. But as Buffett points out, they are also rich because the culture they live in helped them along. If Bill Gates had grown up in Pakistan, he might be worth a few million dollars, but growing up in Seattle he ended up worth $50 billion. So of that $50 billion, how much is due to his innate talent and hard work and how much is due to the fact that he grew up in America?

The answer is obvious. America was responsible for a big chunk of Bill Gates' fortune, which is why it makes sense that he should be asked to pay more to keep the country going.