Tuesday, November 27, 2012

What happens if rich people don't spend their money?

Question by jaz: What happens if rich people don't spend their money?
I heard that if rich people don't spend their money, then the government takes a portion of it. Is this true?? If so, could this be the reason why celebrities and rich people buy so much stuff (mansions, cars, jets, islands, etc). I understand that they may purchase these as investments to continually generate even more income. However, it was explained to me that when rich people don't spend their money & leave it in a

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