Australia: Even the Rich Are Insane

December 24, 2010 at 11:31 AM

How do we get the rick to give more of their wealth to charity? Australian business man Dick Smith has an idea:

‘Take away their passports,’ he half jokes, ‘if I was dictator, I’d say, if you’re going to be wealthy, there’s an absolute obligation that you’re a philanthropist, you don’t do it secretly and if you don’t give a decent amount away, we don’t want you in this country or we’ll take your passport away so you can’t travel – I reckon it’s at least 20 per cent of your income or, if you’re a billionaire, I like the idea of Bill Gates saying 50 per cent.’

Following the interview, Smith polished off a Fosters and boxed a kangaroo.

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