an interesting comment I found
Taxes are the default solution to corporate profiteering for a reason: it's involuntary, and it pulls money down to those unaffiliated with the business owner, and not through lateral channels, like charities associated with the business owner, etc. Also, given enough time, all business owners fall into the "I'm due what I've made" mental trap, and eventually feel their class is appropriate.
Paul Jones here is a good example. He lives a billionaire lifestyle, but barks at the class divide. He could live a life of a man who earns 5 figures, not 10, but he doesn't. Ultimately he feels he's due what he's made, and clearly even he, who understands corporations (or the wealthy in general) need further social incentivizing, hasn't done much to close his own wealth gap footprint.
I mean he's talking of funding Just Capital, but the figures mentioned needed to run the firm only accounts for 0.001% of his personal value. How austere is that?
I know FORTUNE isn't the right audience, but taxes are important because they're involuntary. No incentive needed. You'll never convince the Walton family there's more money to be made in being socially responsible than to exploit the way they've been doing. Everyone, if given enough time, feels they've "worked hard" for what they earn.
Social securities of countries have been funded by taxes, not charities, for a reason: when given the option, most opt out of giving to charity, including champagne socialists like Paul Jones here.
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