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Reply #19: You seem to have a very difficult time grasping the logic of this. [View All]

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EOTE Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-15-10 03:25 PM
Response to Reply #18
19. You seem to have a very difficult time grasping the logic of this.
What is Gates' motivation for wanting to ensure the Estate Tax remains? And even become larger? Well, I can't read the guy's mind, but I imagine it's something like this (based upon his words in the past): He believes that the wealthy should not be able to pass all of their wealth down from generation to generation because he believes that dynasties are bad for the country.

Now, considering that, one does not need to have all of one's income subjected to the Estate Tax to ensure that one's massive wealth does not create a dynasty? Understand? Probably not.

What you are saying is that Bill Gates personally benefits from his foundation that has already given away several billion dollars of his own wealth, that is patently ridiculous.

What he is doing is ensuring that there will not be several generations of obscenely wealthy Gates's, comprende? So if you cannot see the logical consistency of supporting an increase in the estate tax while simultaneously creating a charitable foundation, then that speaks to deficiencies in your own mind, I'm afraid I can't help you.
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