Every 34th wage earner in America in 2008 went all of 2009 without earning a single dollar, new data from the Social Security Administration show. Total wages, median wages, and average wages all declined, but at the very top, salaries grew more than fivefold.
With more wealth in fewer hands philanthropy should boom. If we can eliminate the death tax, we would have these huge dynasties. I would teach them ethics. Then, wow! What a boom in giving we would have.