Here. How to get rich in the USA. Also, the rich _do_ pay more in taxes:
The USA has a simple model for getting wealth, besides inheritance:
a) invest in stocks/bonds
b) run a business or more
c) own businesses/holding company
d) real estate.
Within real estate you have:
and the most lucritive and the easiest to start?
Most new rich in the USA got rich not through a b or c, but through d.
We don’t tax rental income. It’s for a good reason though: it gives incentive for people to own apartment buildings. This controls the potential for a bad homeless problem, at least in theory.
So, that’s how to get rich in the USA in a nutshell.
I think there are also a lot of loopholes with estate taxes as well.
HOWEVER: The rich *do* pay more in taxes, contrary to popular belief.
“the top 1 percent of Americans paid 33.4 percent of their expanded cash income (a broad measure of pretax income) in federal taxes. Middle class Americans—or those in the middle 20 percent—pay 13.7 percent of their income to federal taxes, while the poorest pay 3.1 percent.”