Reply To: Should The Rich Be Taxed? 💸🚕

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#1677339
Mammele
Participant

Most rich people work. (I’m not talking about Kollel here.). Even hiring someone to manage your money, follow up on the profits, sometimes dusbursing charity funds, investing some of the profits in personal real estate, doing follow up construction/renovations — all of this takes time and effort, aka work.

Of course there’s also the worrying aspect which Chazal talk about. Now of course there are lazy rich bums as well, but it’s almost impossible to draw the line of productivity.

And if you think working a regular shift for someone else is the only way to be considering working, what do you say to regular stay at home parents, seasonal business owners etc.? Today’s economy is no longer 9-5, and not surprisingly increasing wealth that one didn’t earn as a hedge fund manager is one of the most highly paid jobs…