Again, I ask, what is either sad or despicable about X amount of people (1 or 6 or 4,000,000) owning more than X amount of the population? I'm not seeing what these heirs did that is wrong, unless of course you're speaking from a moral perspective. However, the heirs didn't earn anything, they merely hit the genetic lottery. That said, I don't see why that somehow makes them undeserving of that money. Please break it down for me, and more importantly, please appeal to something beyond morality.
For another example, is it sad/despicable that Bill Gates has a net worth of $66 billion, which is undoubtedly more than a large combined portion of our country?
Really?
You don't get that this store specifically thrived by offshoring US jobs thru cheap products made in 3rd world countries... then, competitively underpriced their goods for the express purpose of driving Other stores, and US manufacturers out of business...
And THEN adopted an expansion and employment strategy that targets neighborhoods with high poverty rates, offering jobs structured to INCREASE poverty rates, and limiting hours to prevent workers from getting access to benefits like pension plans and healthcare....
And THEN... knowing full well that they are not paying workers a living wage, they offer their workers information on how to get Food Stamps?
It doesn't bother you that, so the top execs can rake in ridiculously large sums of money, they are effectively having YOU the taxpayer SUBSIDIZE their workforce thru Government assistance that YOU have to pay for?
That they are knowingly structuring their business so that their employees will be force to go to emergency rooms for healthcare, for treatment they can not afford, and that YOUY will get stuck with the bill for their healthcare?
Just so a dozen people can have more money than they could ever even make use of?
Are you That stupid?
I developed a product for walmart. the Landed cost in the US was $12.
Walmart sold it for $120. It doesn't strike you that, at a TEN TIMES markup, they could easily afford to pay a decent wage... AND STILL make themselves obscenely wealthy?
Not to mention the political lobbying they have done to LOWER the tax rates they pay ( below the rate you and I pay ) an advantage you and I do not have because we can't afford to spend millions buying politicians.
Income inequality is the worst it has been since the 1910's thanks to the GOP agenda of shifting the tax burden of the wealthy onto the shoulders of the poor and middle class.
They are getting richer even faster... but they didn't "earn" that money- they didn't "create" that additional wealth. That is all money that government policies SHIFTED Out of the pockets of the middle class and into the pockets of people who already HAVE more than they need.
There is only SO Much money on any economy. History shows that the economy does best when tax rates on the wealthy are HIGH, and Government policy re-distributes taxes in ways that fuel growth in lower incomes.
It is the FLOW of money that does work. When poor people have more, the BUY goods and services and the Profit flows up to the wealthy.
BTW the income inequality of the early 1900's lead to several major changes. The Russian Revolution, and in the US - a great depression when the house of cards the wealthy were cheating at collapsed, not to mention labor strikes and a strong push for our own communist revolution... Capitalism in the US only survived because Unions were legalized.
And today- companies like Walmart and Kock industries spend hundreds of million trying to strip union rights and prevent labor from organizing.
Your response reveals a woeful lack of intelligence, or a woeful lack of education as to How societies thrive or falter, and why individual Avarice must be checked.
Frankly... the only reason ANY people suffer the existence of corporations is insofar as they provide meaningful livelihood the members of that society.
If Walmart can't bring itself to provide a living wage... then I say shut them down and kick them the hell out.
And sorry... winning a genetic lottery doesn't make you "deserving" of the money.