How does income inequality hurt ANYONE

[Jim in CT]

Nebe, put it this way...

Bill Gates founded Microsoft. h ehas tons of employees, and to please his stockhoders, he doesn't pay them more than he needs to. Agreed so far?

You say that's bad. Let's pretend Gates was never born. Microsoft no longer exists. What reason is there to believe, that the majority of current Microsoft employees would be better off, if Gates hadn't founded Microsoft?

If someone starts a new company, that means he mght need employees, and that means more jobs, which means salaries increase due to increased competition for employes.

You also say those at the top keep most of the cream, or something like that. I don't think so. The favorite liberal symbol of corporate evil is Walmart. The Walmart CEO made $35M last year, and there are 2.1 million Walmatrt employees worldwide. Do the math. If teh CEO works for free, and gives every cent of that to rhose employees, it works out to $16.67 each. Whoop-dee-doo.

Do you see? We cannot put any menaingful dent in poverty my confiscating more from the rich. There aren't enough rich people, and they aren't rich enough.

It's SO EASY to blame the wealthy. But the math, and common sense, suggest it's not logical.