Wealthy people’s tax rates

The aggregate output of this country per capita is going to keep going up. Now who gets it depends on what government decides in terms of tax laws and all that. But America will be a wealthier country per capita five years from now, ten years from now, and twenty years from now. I’ll bet a million dollars against any member of the Forbes 400 who challenges me that the average [tax rate] for the Forbes 400 will be less than the average of their receptionists. I’ll give ’em an 800 number. They can call me. And the million will go to whichever charity the winner designates.