Top 1% Got 93% of Income Growth as Rich-Poor Gap Widened

[DaveJ]

12. I have a possible solution...

Everyone in the top 1% should be required to submit and essay explaining what they are doing to ease the burden of the less fortunate.

Their essays can be reviewed by people who are in the bottom 10% financially, who are selected fairly and paid with a 1% additional tax on the richies. The reviews should include further suggestions for next year, and if the essay is denied, the richies should then have their taxes doubled or tripled.

The thing is most the richies are earning interest on their investments. Once they hit $1 million you can just sit back and do nothing while collecting interest. Then there are people worth 20, 50, hundreds of millions who just sit around making thousands of dollars a day doing absolutely nothing. My essay system would at least require them to do something they never usually do -- show empathy toward others. It is absolutely unacceptable that we should live in a Plutocracy where the rich have no obligations whatsoever.