Kruse Kronicle

Tag: wealthy

  • Five Ways Rich People Live Frugally

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    mwkruse
    in ,

    Business Insider: Five Ways Rich People Live Frugally A fat salary isn't the only way someone can strike it rich. Regardless of one's income level, people who live below their means, invest wisely, and live modestly are on the path to real wealth. Here are five frugal habits that many of the upper class have…

  • Tax Cuts for the Wealthy: Appearances v. Reality

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    mwkruse
    in

    Realclearpolitics.com has an interesting article about tax cuts and the impact on the share of taxes paid by the wealthy called Tax Cuts for the Wealthy: Appearances v. Reality. According to their research, the top 1% of Americans paid the following proportions of 100% of income taxes:   1980 = 19.3% (Tax rate 70%) [Reagan…