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RE: Self-defeating Beliefs: Tax The Shit Out Of Those Billionaires, But I Want To Be One Of Them!

in #money8 years ago

I like how the two questions point out a cognitive dissonance in people's opinions.
I think of lot of wealth difference comes from interest rates. The interest poor people have to pay and slowly work off for a loan, vs. the interest rates that people with large capital get for "parking" their assets with a bank.
It's definitely more complicated than that, and up for discussion. But it's great that you wrote an article about this very useful anecdote. Thanks!