On Wealth and Taxes and Giving Back
"The nation’s corporate chiefs would be living far less affluent lives, Mr. Crandall said, if fate had put them in, say, Uzbekistan instead of the United States, 'where they are the beneficiaries of a market system that rewards a few people in extraordinary ways and leaves others behind.'
'The way our society equalizes incomes,' he argued, 'is through much higher taxes than we have today. There is no other way.'"
We write too many passes in this country largely because we think: "It could be me. It could be me that is rich and wants to avoid paying heavy taxes." Crandall nicely points out an overlooked logic. We have a lot of work to do, it begins by recognizing the cagey in the time-tested American epigram "equal opportunity."