We have to limit fortunes. Our present plan is that we will allow no one man to own more that $50,000,000. We think that with that limit we will be able to carry out the balance of the program. It may be necessary that we limit it to less than $50,000,000. It may be necessary, in working out of the plans that no man’s fortune would be more than $10,000,000 or $15,000,000. But be that as it may, it will still be more than any one man, or any one man and his children and their children, will be able to spend in their lifetimes; and it is not necessary or reasonable to have wealth piled up beyond that point where we cannot prevent poverty among the masses. …
My over all take from reading both pieces is everyone should be equal and have some type of balance and structure. Why should one have so much, and the other so little.Why is it the more money you have the power it gives you.To treat others as if they are beneath you.Would if we all at the same opportunities as the next man. Look how are veterans are being treated after serving this country. I do believe if you work hard and were able to enjoy the fruits of your labor, but when you pass money does not go with you, especially if that money can help with children being hungry,people living on the streets, I don't feel a balance would benefit us as a society. I know myself I buy frivolous things all the time,and when asked if I want to donate to some charity sometime I will but majority I won't, this was a real eye opener, I don't feel we should all have the same things but it should be fair.