The is a problem with internationally held wealth, that it gives the ability to choose where the money is Taxed (yes I said the word meaning governmental tax), however there is no international government so the supper rich can choose where to pay, unlike DeistPaladin or anybody else with a small to medium sized business. This creates an uneven playing field. I am sure Deist's business would be a lot more profitable if he could choose to pay his taxes in Lichtenstein, but he does not have that choice. However a business like Starbucks which stretches across international boundaries, can choose which part of its manufacturing and services are said to be making a profit, and by that means choose where it is taxed. Consequently it reports its shops in Britain have made no profit, the only profit it makes are where is head offices are which coincidently is in a minimal tax jurisdiction it does not even make a profit from manufacturing or distribution. However it does not close down its unprofitable shops, distribution, and manufacturing arms and just keep a small office which the company says makes a profit, we can only speculate why.
So when we look at the super rich, we find we have no equality with them, they can make choices that simply are not available to us. The Lee family who own Samsung (also own as it was put to me by one of their assistants) a good part of south Asia, as well as having interests in every market internationally), have choices that we do not have. There are also those in the super rich group that own their own personal fiefdoms, Barain etc who are entirely independent.
This situation looks exactly to me like France before the revolution. Where the first and second estates (the Aristocracy, and the church) do not pay Taxes, so the burden of the state entirely rests on the third estate us.
So when we look at the super rich, we find we have no equality with them, they can make choices that simply are not available to us. The Lee family who own Samsung (also own as it was put to me by one of their assistants) a good part of south Asia, as well as having interests in every market internationally), have choices that we do not have. There are also those in the super rich group that own their own personal fiefdoms, Barain etc who are entirely independent.
This situation looks exactly to me like France before the revolution. Where the first and second estates (the Aristocracy, and the church) do not pay Taxes, so the burden of the state entirely rests on the third estate us.