Often-times the most difficult competition comes, not from the strong, the intelligent, the conservative competitor, but from the man who is holding on by the eyelids and is ignorant of his costs, and anyway he’s got to keep running or bust!
Taxation has its limitations as a method of achieving better economic distribution since for this purpose it is essentially remedial. We must also take a positive approach by finding new ways to spread ownership of future capital growth more broadly in our society.
I have nothing else to say other than I wasn’t corrupt, unfair, or greedy. I was smart when it came to making decisions for my company, and I wasn’t greedy. I gave to others in charity and donated money to fund programs. I have nothing else to say.
