Is the criticism of very great wealth legitimate?

Jean-Marc Daniel Behind the condemnation of the super-rich, there is a lot of trickery. This trial, first, ignores the origin of wealth. Now, the real question is whether it comes from an annuity or from merit. The discourse on the hyper-rich does not recognize the latter. “Never does an envious person forgive on merit”, wrote Corneille.

Then, as Kennedy said, the fundamental issue is not that there are fewer rich but fewer poor. “Runoff”, which is always presented in a caricatural way, can help achieve this objective. The trickle down is not the fact that the rich will spend their money, which will trickle down to demand. It is to say that if we lower taxes, we will entrust the sums thus allocated no longer to the State but to private actors, who will use them better than the State. Because they know how to do it: they are the ones who create wealth and businesses.

Not pensioners… However, in France, 80% of the wealth of billionaires comes from inheritance.

J.-MD Not pensioners, it’s true. The case of wealth only makes sense if it is a case of rent. But, you know, in France 60% of the total private wealth comes from inheritance: the pension is not reserved for the hyper-rich! In the 1999 Blair-Schröder manifesto, a just society is said to be one that values ​​successful entrepreneurs as much as it values ​​footba

This article is for subscribers only. Take advantage of our special offers without obligation.

OR

Google Exclusive: 6.99€/month

By choosing this promotional subscription path, you accept the deposit of an analysis cookie by Google.

California18

Welcome to California18, your number one source for Breaking News from the World. We’re dedicated to giving you the very best of News.

Leave a Reply