As Rich Lavish Cash on Notre-Dame, Many Ask: What About the Needy?

This one is a little different from yesterdays outrage-a-palooza over people caring about Notre Dame: in this episode, there are a bunch of French people PO’ed that there are other French people rich enough to cough up a hundred million euros at a moments notice. In other words, the tired old “wealth inequality = bad” canard. The people complaining here want France to enact a wealth tax, as some of the Socialists running for the Democratic Presidential nomination do, in order to stop rich folk from being so rich. as Obama said, “at a certain point you’ve made enough money,” which it’s safe to assume he thought was a level below which someone like Elon Musk could use to create Tesla and SpaceX. In Wealth Tax World (the Socialists tend to *say* they want to tax wealth at 3%, but once that foot is in the door, expect it to creep upwards),musk might have made his millions selling PayPal, and then been taxed down to the point where his only further future contribution to human endeavor was, say, Hyperloop.