According to the IRS, the answer is mostly not.
Of the richest of the rich only 6.5% of income was from working, as of 2007. The rest came from things like interest, dividends, and capital gains.
In other words, the kind of income you get without having to wake up in the morning.
Which raises the question: if the rich are consuming without working, who is doing their work for them?
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Of the richest of the rich only 6.5% of income was from working, as of 2007. The rest came from things like interest, dividends, and capital gains.
In other words, the kind of income you get without having to wake up in the morning.
Which raises the question: if the rich are consuming without working, who is doing their work for them?
Link