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Politics : Mainstream Politics and Economics -- Ignore unavailable to you. Want to Upgrade?


To: Broken_Clock who wrote (48878)7/19/2013 7:17:01 AM
From: TimF  Read Replies (1) | Respond to of 85487
 
1 - I don't always ask you for a link and a source. Maybe you have me mixed up with someone else. I can't say I've never asked you for a link, but I don't do that very often.

2 - I provided you with a link. even though its hard to find one, because the idea your pushing is so silly that almost no one sees any need to debunk it. At the link I posted they where not trying directly to debunk your idea, but to debunk the more common, and reasonable (but still false) idea that the wealthy are mostly wealthy because of inheritance, but in the process of attacking that idea, they provide evidence against your idea.

What does the above tell us?

That 69% of a group of wealthy people got wealthy by working, another 6 percent by inheritance. Others (no details on the precise number) got rich by owning businesses or by investment. Not much left to get rich by government transfers.