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David Mitchell
An interesting article in today's Time Magazine about Abigail Disney, the grand niece of Walt Disney. The article is titled;
"A DISNEY HEIRESS BEGS CONGRESS TO HIKE HER TAXES"
I have read about her before as a member of the group "Patriotic Millionaires" - a group of walthy Americans who advocate higher taxes for themselves.
* (speaking of that - isn't it odd that the phrase "tax the rich" has become so much of a negative political phrase?)
Ms Disney makes a great case for drastic revisions of our tax laws, with heavy emphasis on how much more fair it would be if the rich also paid their share of taxes. I have argued this point with friends for years, but she has a much greater pulpit from which to speak.
This gives rise to my question - or shall we say, my speculation - about how much our ultra super-rich could do to mitigate our health care problems, or our homeless problem.
When I read that Elon Musk pledged about $6 billion in Tesla stock to saint Jude's Hospital in Memphis. I was quite surprised at the relatively small percentage of his wealth - somewhere around 2.5% of his total wealth.
Imagine what he and Jeff Bezos, and some more of that crowd could do if they dug a little deeper, or were taxed at a rate based on their earnings - like the rest of us.
Imagine!
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Lookin' For Love
