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The Lucky Tax
August 27th, 2010 by Sam

Abigail Disney, a filmmaker and an heiress to the Disney family, defended the estate tax eloquently: “My grandfather [Roy Disney] would be the first person to tell you that he’d managed to amass his fortune not in spite of, but because of, the American system,’’ she said. “After all, without reliable and safe roads there would be no such thing as Disneyland; without high-functioning legal systems and a well-regulated business environment there would have been no copyright protection for Mickey Mouse.’’

It’s a simple, powerful point: Even if they’re talented and have made every right move, the extremely wealthy do owe something to a system that provides them with countless legal protections and business advantages.


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