The rich are different, ‘The Great Gatsby’ author F Scott Fitzgerald observed nearly a century ago. Now new research from HSBC – one of the biggest banks in the world – shows how that remains true in terms of their property wealth. While most people’s biggest asset – their home – is falling in value, [...]
The rich haven’t got enough money to make the rest of us comfortable. Just look at the arithmetic
As anyone who has ever met or been a teenager knows, there’s this idea floating around that we’d all be so much richer in a very real sense if everything was just shared equally. Most of us grow out of this and some become socialists. However, it’s not often that anyone actually runs the numbers [...]
Budget 2012: tax cuts for the rich – but what about the 62.5pc tax on the ‘squeezed middle’?
Tax cuts expected in the Budget to reduce the top rate of income tax from 50pc to 45pc will be welcomed by 350,000 fortunate enough to earn more than £150,000 – but what about many more people who earn much less than that but suffer substantially higher marginal rates of tax and National Insurance Contributions [...]
Rich should compensate ‘tycoon tax’ to safeguard integrity for typical Britons, says Clegg
Deputy PM hits out during millionaires safeguarded by ‘army of accountants’ Tells celebration discussion he wants a smallest taxation rate to safeguard fairness Danny Alexander: we wish to speed adult stealing lowest from profitable tax By James Chapman UPDATED: 06:23 EST, 10 Mar 2012 Crackdown: Nick Clegg final night called for a ‘tycoon tax’ to [...]
Financial Education Video – Robert Kiyosaki’s New, Rich Dad Site Helps Boost Financial Literacy
Boost your financial education with Kim and Robert Kiyosaki on their new site for The Rich Dad Company at www.richdad.com. Want to learn more about financial education? For over 15 years the Rich Dad company has provided financial literacy tools to help people throughout the world get out of the rat race. Though the delivery [...]
Global house prices hit by credit crunch and eurozone crisis but the rich are OK
House prices could soon start to fall around the world as a result of the credit crunch and eurozone crisis, one of the biggest global estate agents has hinted. Knight Frank, which operates in 43 countries, across six continents and claims to have sold property worth US $ 817bn or £498bn last year, can scarcely [...]
The Millionaire Fastlane: Crack the Code to Wealth and Live Rich for a Lifetime.
The Millionaire Fastlane: Crack the Code to Wealth and Live Rich for a Lifetime. Is the financial plan of mediocrity — a dream-stealing, soul-sucking dogma known as “The Slowlane” your plan for creating wealth? You know how it goes; it sounds a lil something like this: “Go to school, get a good job, save 10% [...]
‘Bash’ the right ‘rich’ – bankers are workers, not capitalists
The “Occupy Wall Street” protests continue to spread, a symptom of the same anti-bank-bailouts sentiment that spawned the Tea Party. I opposed bailing out the banks in 2008 and 2009 (and since), and I do so again now. Bailouts for the banks turn the state into a mechanism to keep the rich rich, despite their folly and ill-fortune. [...]
Rich drive demand for pawn brokers
Bentleys and Rolex watches are becoming unlikely cash machines as individuals turn to pawn brokers amid the lending drought View full post on Financial Times – UK Homepage
Rich Libyans seek refuge in Tunisian haven
The island of Djerba, two hours by road and bridge from the Libyan border, has proved a draw to members of the country’s educated, moneyed and mobile classes View full post on Financial Times – UK Homepage