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Five Reasons Why The Very Rich Have NOT Earned Their Money
By Paul Buchheit, April 17, 2012
The wealthiest Americans believe they’ve earned their money through
hard work and innovation, and that they’re the most productive members
of society. For the most part they’re wrong. As the facts below will
show, they’re not nearly as productive as middle-class workers. Yet
they’ve taken almost all the new income over the past 30 years.
Any one of these five reasons should reinforce the belief that the rich should be paying a LOT more in taxes.
1. They’ve Taken All the Middle Class Wage Increases
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2. They’ve Mismanaged Key American Industries
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3. They’ve Benefited from 50 Years of Public Research
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4. They’ve Increased Their Incomes By Not Paying Taxes
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5. They’ve Contributed Little to Society
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Studies
show that increased wealth is correlated with a lesser degree of
empathy for others. Despite their dependency on society for everything
else, the super-rich have apparently earned the right to live in their
own privileged world.
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Friday, April 20, 2012
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