Did you know that, the RICHEST people and families in the 1930's, in today's Dollars, wouldn't even make the "Top 100" today! I doubt they would even make the top 500, but since I don't know how low that goes, I can't say for sure.

Here's how I know: I've been working on filling in my Family tree at Ancestry.com for the last few weeks, and even though my close family is lower Middle class, some of my Great Grand-father's uncles and cousins (think Guggenheim, New York Rothschild's, Straus, etc.) were some of the "richest people in America" up to that point.

And as I've been doing the research, I've run across some of their "Last Will and Testament's," some of which were even printed in the New York Times.

Take Daniel Guggenheim's, his total estate was, in 1930 Dollars, $20,686,292.93, (that's 20.6 million Dollars to you and me), or $13,677,133.00 after "deductions."

But in "Today's Dollars," 20.6 million Dollars is only $248,306,610.26 ($248 Million Dollars)

And, according to the New York Times (October 4, 1930), that made him the 2nd Richest man in America!

Here's a calculator:

http://www.westegg.com/inflation /

And what does Bill Gates have Today? Last time I head it was sometime like $58,000,000,000.00 ($58 BILLION) Dollars!?!

So my question is: What, realistically, can be done to Tax these bastards enough to restore some balance to our economy?

Something that will not send us all into another "Great Depression?"

Btw, the "Inheritance Tax" on that in 1930 was only $1,655,581.40 (or less than 8%).