And the Rich grow Richer

Here’s a link to a fascinating story and analysis on the growth of wealth at the top. The number that jumped out for me was that in 1982, just over 15 percent of the 400 wealthiest Americans made their fortune in manufacturing. Today is is just a bit below 4 percent.

Why the Rich Grow Richer

The article analyzes the changes in the tax code, and other government policy since the late 1970’s, and how it has altered wealth creation in America.

Author: Mike

I am a patent attorney in Lexington, Kentucky. My law firm web site is http://www.coblenzlaw.com. I ran for State Representative in 2010 and lost in the primary. Many of these posts are based on writing that I did for that election. Rather than delete it all, I decided to dump it onto the internet. View all posts by Mike