Should it be legal to be as rich as Bill Gates?

This man has a net worth almost equal to the debt of China… Nobody likes him… And he can’t possibly do anything with all that money… And in realistic terms it not really possible for the average middle class person to even get lucky and end up with that much money! Why is this man still alive? Why has he not flipped the bill for our debt to China? …lol, at this point I’m wondering if the man even truely exists!

He’s done OK, that little Bill. :wink:

How would you consider regulating wealth, anyhow? No income above a certain top limit? 10M, 50M, 100M, what?

BTW, he does give a fair bit away too…

lol… point is he could give more than half away and still live like an original gangster just fine… me on the otherhand… I have to struggle for the finer things in life… spare me the joy would not feel so good if it wasn’t for Bill Gates thing… point is, this makes no sence what so ever… He can’t use this moey to buy him or his wife or kids anything with it… he’d be just fine and live just as long and well being a billionare one time over… Bill… billinare… I bet that makes him laugh…

Now keep in mind, I actually do like his products… his OSes do everthing and run on anything… but that’s not really the point… not to mention microsoft is more than just Bill.

Why do you care how much money he has? Are you a victim of extortion at his hands? Through whatever combinatin of intelligence, luck, business acumen, market analysis, risk taking, and any number of other things, the man has made a gazillion dollars. I’m responsible for him getting a few of those dollars. I don’t think he should be forced to give any of it up for any reason. If he wants to fill his house with $20 bills and roll naked in them, that’s his choice. If I never buy a product associated with him, that’s my choice. If he loses every penny tomorrow, it still won’t affect me. Or you. What’s the big deal?

The regulation of wealth should be done just as the regulation of taxes is… within the bounds of common sence! No… in this life it’s impossibel to become God no matter how much money you have to at some point if you get that lucky, you have to show that you have common sence and a brain and give it to people who could. say buy a second car or a new tracker… or a college education.

Sorry… forgive me grammar skills… that should have read:

The regulation of wealth should be done just as the regulation of taxes is… within the bounds of common sence! No… in this life it’s impossible to become God no matter how much money you have… so at some point, if you get that lucky, you have to show that you have some common sence and a brain, and give it to people who could, say buy a second car, or a new tracker… or a college education.

Do you really believe all of Gates wealth is due to luck and luck only?

Do you really think he has no common sense , no brain etc… and instead of giving billions of his own money away to many charities, research agencies, victims of AIDS, cancer, domestic violence and famine all over the world, he should instead give it to you to buy a second car with?

For real?

1st off it’s got nothing to do with him having fun or whatever… But people in China are starving while he buys a new house and then makes himself feel better by giving a few million to an organization! Ha! that’s an ego supporting mechanizm and as is bad for him as it is for the people who could have really used it.

If Bill’s ego depends on the fact that he’s got the all time high score then he has as big a problem as the poeple in china… I’ve already said it once, people would have more respect for him if he showed a true Godly, selfless act and did something like pay the debt to China… and damn! He’d still be a billionare… and now a hero!

As of now I have no repect for his situation… and yes I could be at the throughs of his legal wits as i work for one of the big companies he’s had it out with… Can’t mention names… sorry…

btw this will be my last post for a while since I work nights at my technology company and now am finally off… If you feel you need to reach me about this you can email me at tyler@mcadams.com

also, I’m responsible for a few of those big buck myself… but I’d rather be the one who gave him a better idea of what true self worth is…

I am petitioning Mr.Gates to send you some dollars and sense.

do it man… I’ll take both…

People were starving all over the world when you bought your computer too. And your house / car / furniture / CD collection / clothes…

And the drugs you seem to be on.

and trolls like you post on a daily basis… you forgot that one! OMFG! Stop now, give all your money to Gates and pass the cronic thanks duuuude sooo nice of you…:smack:

no man you can’t make that much money with out being underhanded… Giving money to charties only make him feel good about himself.

What did I post that you construe as ‘trolling’? I’d be interested to know.

Pick one:
Answering your OP with my opinion, in IMHO?
Pointing out the hypocrisy of your position?
Questioning your attempts to be an armchair- psychologist, thinking you understand the true motives of anothers charity donations?

Thought you were off to work now. No?

Well, you are probably thinking, “there outta be a law…”. Guess what, there is. It’s called income tax. Bill Gates pays taxes just like everyone else. Sure, he might dodge some by making charatible contributions or starting a foundation. But Uncle Sam still takes a cut from him and from Microsoft profits.

That money is then spent on things that benefit you, like a military to protect the country and roads you drive on everyday.

Also, when you say he throws a couple of million to charity, do you realize that $24 Billion quoted by Aro is 12,000 times more than the “couple of million” you are scoffing at?

Finally, it does no good to “flip a debt” because economically that just encourages more debt to happen in the future. After all, if someone’s gonna clear our debts, people figure they can spend irresponsibly with no consequences and will proceed to do so.

Should it be legal to be as rich as Bill Gates?

You damn skippy it should. You wouldn’t want it to be illegal if you had accumulated all that wealth now would you?

How is Gates resposnible for China’s debts any more than you are responsible for mine?

Not a criteria for wealth

Except maybe run a billion dollar company that employs thousands and has created more millionares than any other company.

  1. Gates wasn’t born with all that money
  2. You don’t get rich by being “average”

I just had to bring this quote to the forefront. Are you seriously so: A)jaded, B)clueless, C)insane, or D)All of the Above to actually believe that?

Do you understand that highly skilled people that put forth a needed and useful product or service can trade on that ability and effort for money?

At this point, I am beginning to think the hamster is on the wheel but he ain’t moving anytime soon.

The answer to the OP question is “yes”, of course. There is nothing inherently immoral or evil in acquiring more wealth than you conceivably could imagine what to do with. Specially when, according to capitalist economics, this wealth would NOT just be sitting there in the people’s pockets or been redirected to worthy social projects: (a) wealth can be “created”, it is not a zero-sum game, so a lot of that wealth would not have been generated to begin with; and (b)absent Gates, people would have most likely just spent what cash they did have on other consumer goods and services

That some of his business practices have been less than sweetness and light? Sure. Hey, I along with millions would have loved to see MicroSoft reamed good and hard on the antitrust case, but only to the degree of proven wrongdoing, NOT just for the sake of making him suffer. It still would have no bearing on whether there should be a limit to how rich the man, Bill Gates is – ANYONE should forfeit “ill-gotten gains”, but the idea that above X amount of wealth, it must be inherently illegitimate, is unsustainable. If he got it in accordance to the law, it’s his, all his. (And as someone who has spent a lot of time in government, may I say I can redistribute a whole lot more by letting him be fabulously wealthy and taxing him every year for the rest of his productive life, than by confiscating his entire “excess” wealth, which I can only do once)

Anyway it’s not Gates’ fault if people are starving in Carjackistan any more than it is the fault of the average American who already has a higher lifestyle than 95%(or some such very high majority) of all humans who have ever lived (we seem to forget that for some reason).

We have a debt to China? Wassup wit dat?