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To: SeekAndFind
How much must you have in your estate to qualify as someone the government considers -— a CONCENTRATOR OF WEALTH AND POWER ?

One of the tenants of conservatism is we DO NOT LIVE IN A PERFECT World. We are not idealists. I stated what I thought the concern was in the original law.

I as a conservative am concerned about the concentration of wealth and power, because I know and understand the nature of man. I ALSO stated that the estate tax did not solve this. Please read and think before posting.

You evidently think concentration of wealth and power is ok. Unrestrained capitalism is no better than unrestrained government. Our founders set up a complex system of checks and balances for a reason.

Even God was concerned enough about this to set up the year of jubilee which interestingly enough was never implemented.

24 posted on 07/06/2010 9:45:16 AM PDT by PeterPrinciple ( Seeking the truth here folks.)
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To: PeterPrinciple
You evidently think concentration of wealth and power is ok.

Nope, didn't say that. I did ask though how much one must possess/invest/save to be considered a concentrator of wealth and power.

Today, I believe the answer is $3.5 Million. Well, the next question is obviously this -- where did we come up with this amount ?

We also have to remember, $3.5 Million might be a heck of a lot of money in say, Puerto Rico or the Virgin Islands. But it is a pittance in a city like NYC or San Francisco.

So back to the question --- what value do we choose to qualify as too much concentration of wealth and power and why ?

Based on what criteria ?
25 posted on 07/06/2010 9:52:30 AM PDT by SeekAndFind
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