Quote:
Originally Posted by Atticus
If anything it's the opposite. They work harder to pay the increased taxes and then make even more. The wealthy are wealthy for a reason. And unfortunately the poor are poor for a reason. Lazyness is rampant in this country (world).
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There is a lot of truth to this. People who are rich and earned that money themselves are Type A people. They are hyper-competitive and often see the money as more of a scorecard than anything else. These are the type of people who would work hard to succeed no matter what the tax rate was. And many of those who are poor don't have that drive and they have no education on how to handle money or make money work for them.
A good example is Mark Cuban. I read his blog all the time. He has billions, but says he spends all day every day thinking about business. Even when he is trying to relax and watch TV or a movie he says he starts thinking of ways he could use the movie, a situation in the movie, or something around him to make money. For example he said that he was watching The Apprentice and in that episode the people were going out and buying magazines and food from newsstands and carts in New York. He found himself wondering why someone doesn't start a business selling advertising on the people that work at these places. He could pay each one to wear a shirt that advertised something. If you got a ton of newsstands and carts you could get some nice coverage.