#2: The vast majority of the rich in this country did not inherit their wealth; they earned it. They are the country's achievers, producers, and job creators.
Small businesses are becoming more and more common. As these businesses grow, they will eventually become big businesses, possibly rating a highrise office complex, and eventually rising to the level of Corporate Empire. Americans, for the most part, are ambitious hard workers, unlike, say, the oil tycoons in the Middle East who simply sit around, dictate policy and let the money come pouring in from oil wells that they hardly ever visit.
(Oil Tycoon would be a very cool computer game)
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Where are your statistics??
Good question.
Gross Domestic Product is our anual production, and it is increasing. ( http://www.bea.gov/bea/newsrel/gdpnewsrelease.htm )
Inheritance is not new production, it is money being passed down.
We also have more wealth in this country, more millionaries and people owning expenive real estate then ever before.
http://www.rushlimbaugh.com/home/menu/cy2003.guest.html
The top 50% pay 95% of the taxes.
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