Contrary to conventional wisdom, the rich do a lot for the rest of us, not always because they intend to.
In America, high-income households:
• Pay most of the income taxes
• Contribute heavily to charity
• Save their money and invest in companies
• Invent, improve or make cheaper goods and services we love
• Start companies and create jobs
• Pay the high cost of new products
Read More @ Investor's Business Daily:
http://news.investors.com/ibd-editorials-brain-trust/071114-708479-thomas-pikettys-idea-to-tax-the-rich-would-make-us-all-poorer.htm#ixzz37OpfCsmi
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