Wealth And Our Commonwealth, Why America Should Tax Accumulated Fortunes
William H. Gates, Sr., William H. Gates Foreword by Paul A. Volcker Chuck Collins
- Compare Prices
- User Reviews
- Expert Reviews
- Notes
- Excerpts
- Sample Chapter
| Average User Rating: Not Yet Rated
Format: Hardcover: 192 pages. Publisher: Beacon Pr (01/01/2003) ISBN: 080704718XISBN13: 9780807047187 List price: $25.00 |
|
View Larger
| Compare Prices from 5 merchants |
| New | Used & Refurbished |
| ||||||||
|
| *Prices and availability are subject to change by merchant without notice. Sales taxes and shipping costs are only estimates. Please check the merchant store for details. About this page - Submit your products |
Wealth And Our Commonwealth |
Note: A world leader in philanthropy (and father of the planet's wealthiest man) and an expert on U.S. economic inequality (and heir of Oscar Mayer) on the "billionaire backlash" The "Man Bites Dog" story of over 1,000 highnet- worth individuals who rose up to protest the repeal of the estate tax made headlines everywhere last year. Central to the organization of what Newsweek tagged the "billionaire backlash" were two visionaries: Bill Gates, Sr., cochair of the Bill and Melinda Gates Foundation, the largest foundation on earth, and Chuck Collins, cofounder of United for a Fair Economy and Responsible Wealth, and the great-grandson of meat packer Oscar Mayer who gave away his substantial inheritance at the age of twenty-six. Gates and Collins argue that individual wealth is a product not only of hard work and smart choices but of the society that provides the fertile soil for success. They don't subscribe to the "Great Man" theory of wealth creation but contend that society's investments, such as economic development, education, health care, and property rights protection, all contribute to any individual's good fortune. With the repeal proposed by the Bush administration, we might be facing the future that Teddy Roosevelt feared--where huge fortunes amassed and untaxed would evolve into a dangerous and permanent aristocracy. Repeal would drop federal revenues $294 billion in the first 10 years; 27 some $750 billion would be lost in the second decade, not to mention that the U.S. Treasury estimates that charitable contributions would drop by $6 billion a year. But what about all those modest families that would lose the farm? Gates and Collins expose the fallacy of thisargument, pointing out that this is largely a myth and that the very same lobbies and politicians who are crying "cows" have opposed other legislation that would actually have helped small farmers. Weaving in personal narratives, history, and plenty of solid economic sense, Gates and Collins make a sound and compelling case for tax reform, not repeal. |
- Compare Prices
- User Reviews
- Expert Reviews
- Notes
- Excerpts
- Sample Chapter
Top Categories:
Clothing | Shoes | Home & Garden | Jewelry | Furniture | Auto Parts | Watches | MP3 Players | Computers | Cell Phones | Jewelry & Watches | Laptops | Toys | Handbags | Digital Cameras | Video Games | GPS | Software | Books | Music | Sporting Goods | Engagement Rings | Televisions | Flowers | DVD | Holiday GiftsFind, Compare, Read Reviews & Buy Books and Magazines
Want to see your products in Yahoo! Shopping? Build your own online store or Advertise with us. Current Advertisers Sign In
Help improve Yahoo! Shopping by participating in our user studies - View RSS Feed
Make money with Yahoo! Shopping APIs, now powering Yahoo! Tech. Learn more about our paid syndication program.
Content provided by Muze, Inc. ©2008 or Ingram Customer Systems, Inc. ©2008.
Information about prices, products, services and merchants is provided by third parties and is for informational purposes only. Yahoo! does not represent or warrant the accuracy or reliability of the information, and will not be liable for any errors, omissions, or delays in this information or any losses, injuries, or damages arising from its display or use.