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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.

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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