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Why some people are so rich that they can sustain a tax increase and maintain their lifestyle

The merely rich really are not rich enough to pay more taxes but very, very rich people are, according to a New Yorker article

Author Brooke Southall August 17, 2010 at 3:46 AM
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James Surowiecki: The very rich have been pulling away from the pretty rich and the very, very rich have been pulling away from the very rich.

Surowiecki

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high net worth



Doug Michie

Doug Michie

August 17, 2010 — 2:46 PM

Forget an income tax on the super rich. Like some European countrys, a wealth tax would seem to more accurrrately accomplish a slowdown of the massive wealth accumulation of the top 0.1%.

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