Byron Wright's Reviews > The Trouble With Billionaires: Why Too Much Money At The Top Is Bad For Everyone

The Trouble With Billionaires by Linda McQuaig
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Aug 01, 11


The main point of this book is that income inequality is bad. It gives a historical perspective and makes the argument that current tax rates on the rich are too low.

The most interesting reasoning for why the rich should pay a disproportionately higher share of taxes relates to who benefits from the existing system the most. Basically, the rich need the system to maintain what they have and gain more. If the system were to disappear then we'd all be equal because we'd steal each others stuff and the notion of private ownership woudl be significantly shrunk.

Overall the book has some points considering and a few that seem a bit out there. It's worth a read.
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