How Rich People Get Rich

[hfojvt]

11. yeah, what about inheritance?

and who is rich?

Isn't Bill Clinton rich? What about JK Rowling? What about Emma Watson? She's made over $16 million making Harry Potter movies.

I guess that would fit the "luck" part, although she presumably had to win an audition, and did not get the part from a random drawing. But I don't see a lot of "merciless exploitation" involved there.

What about Tiger Woods? Or Peyton Manning? Luck? Merciless exploitation? Or are they not "really" rich?

I don't think there is an easy generalization to say how rich people got rich. Sometimes they do have the ability and drive to get the better paying jobs. Sometimes they claw their way to the "top". Sometimes they invent something, or market something. Sometimes they run a scam, like Amway or Payday loans.

I don't wanna demonize them or stereotype them, I just want them to pay higher marginal tax rates, like they did in the 1950s, 1960s and 1970s - three very prosperous decades for America.