How Much Is Too Much?

The way the tax code is written, it's designed to be taken advantage of. Everybody knows you're going to have all these deductions and if you're not a crazy person, you'll take them. We suffer from an observation bias when we think about rich people like Jeff Bezos because we see the dollars that he has collected on Amazon. The other half of that transaction is we have smartphones. Steve Jobs died with $8 billion in the bank; what the hell? Dave: If you want to say to Jobs, you need to give back half of the money that you've collected.

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