I dont care how rich the very rich are. I care if they became rich in an

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“ I don’t care how rich the very rich are. I care if they became rich in an unethical way, or if they use their riches in a particularly vulgar or revolting way. . . . I wouldn’t mind if they lost [their wealth] or had it taxed away. But I don’t mind
if they keep it either . . . . But I do find poverty of the very poor unlovely . . . . That condition de-serves, in my opinion, our most intensive care. I believe that the present focus on inequality of income diverts national attention from it” [ Stein,
1996, p. A14]. Do you agree with this statement? Is it consistent with utilitarianism?
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Public Finance

ISBN: 978-0078021688

10th edition

Authors: Harvey Rosen, Ted Gayer

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