From: Ellen K. 

Wealth and income are not the same thing.  Some people (trust-fund babies)
have a lot of wealth but little earned income.  Other people have an income
which may be in the higher percentiles of income but not much wealth.

In order to maintain independence in one's old age, it's necessary to
accumulate sufficient funds to provide sufficient income for the time when
one can no longer work and may have significant care expenses.

On Mon, 02 Jan 2006 14:08:47 -0800, Tony Williams 
wrote in message :

>I thought that term might catch your eye. The problem is that the
>rewards become disproportionately large, leading to huge amounts of
>wealth locked up in the bank accounts of a tiny number of people.
>
>Success should be rewarded of course, but the scale of the rewards has
>gotten out of control. In the present system once you've got a lot of
>wealth it becomes easier to get more where it should really be the other
>way around. A progressive tax system is a good way to achieve this.
>
>I rather like the idea of limiting compensation of the highest paid
>staff to some multiple of the lowest paid.

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