Saturday, April 21, 2012

Five Reasons Why the Very Rich Have NOT Earned Their Money

(cartoon: Joel Pett/USA Today)
By Paul Buchheit, Common Dreams
21 April 12

he 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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