Quote:
Originally Posted by loochy
No, it's because earning money generally takes resources and investment and a bit of risk. Rich people can afford to take the kinds of risks that normal and poor folk can not. Once a successful venture occurs, even more money is generated to invest in more money making ventures. It feeds itself. The rich get richer because of resources and good decisions (or luck). They can avoid some tax burden through loopholes or immoral behavior, but that isn't the prime generator of money.
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Never said it was.
But it's one of the reasons.
They use their money wisely and take deductions to reduce their tax burden.
I do the same thing.