tag:blogger.com,1999:blog-9410473.post3740294132332180570..comments2024-01-13T08:02:30.520-06:00Comments on THE TOAD REPORT: Wealth and TaxesToad734http://www.blogger.com/profile/01450263690181812924noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-9410473.post-37738224589647900602009-08-25T08:59:21.530-05:002009-08-25T08:59:21.530-05:00With what you are saying, technically no one would...With what you are saying, technically no one would end up with more or less money because if everyone were given an equal amount, the poor people would no longer be poor and the rich people would no longer be rich and therefore neither would fall into the stereotype of spending vs. investing.<br /><br />I am not saying that many poor people don't have good money management skills I am just saying that a lot of rich people don't either.<br /><br />I think what you meant to say is that people who have money were born with it and pass that on to subsequent generations and people who were descendents of slaves for instance, remain poor as do their offspring. The majority of the people who are rich today came from something and the majority of the poor came from nothing. How many people who were born rich now live in the projects?? Someone born rich is more likely to be educated in good schools and has more connections and are far less likely to become poor...and it isn't because of their superior money management skills. Do you really think Paris Hilton is some sort of financial genius? No, of course not, she is an idiot; she will never be poor not because she worked for it or she is a savvy investor but because she is a rich white kid who had rich grandparents, great grandparents, etc.Toad734https://www.blogger.com/profile/01450263690181812924noreply@blogger.comtag:blogger.com,1999:blog-9410473.post-1354737419657495942009-08-25T03:56:18.591-05:002009-08-25T03:56:18.591-05:00The difference between rich people and poor people...The difference between rich people and poor people is,Poor people spend their money rich people use their money to make more money.Thats why if you took all the money and distributed it equally in 10 years the rich would own it all again.Anonymoushttps://www.blogger.com/profile/10847497723762392151noreply@blogger.comtag:blogger.com,1999:blog-9410473.post-2397454729449862382009-08-14T17:44:04.797-05:002009-08-14T17:44:04.797-05:00US Census Bureau, Forbes, etc. You won't find ...US Census Bureau, Forbes, etc. You won't find anything that can dispute these facts.Toad734https://www.blogger.com/profile/01450263690181812924noreply@blogger.comtag:blogger.com,1999:blog-9410473.post-73566325966959066282009-08-14T16:55:38.782-05:002009-08-14T16:55:38.782-05:00curious what are your sources?curious what are your sources?Anonymousnoreply@blogger.com