In The Gospel of Wealth, Carnegie argued that the wealthy should be allowed to keep their wealth because great sums gathered by some of their fellow-citizens and spent for public purposes, from which the masses reap the principal benefit, are more valuable to them than if scattered among them through the course of many years in trifling amounts through the course of many years. He also argued for high inheritance taxes to encourage the rich to spend on charitable ventures during their lives. What do you think about Carnegies ideas? Will society be better served by allowing the wealthy to use their wealth for the causes they see as important? Or would it be better to tax their wealth and use it for what the government sees as important?
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