Tag: The American Thinker

Advocates of “Tax the Rich” Please Read The Millionaire Next Door

By Thomas J. Stanley on Nov 21st, 2011 in Studying the Wealthy

In a recent article from The American Thinker, Chris Corrodo provides an excellent counter to those who advocate increasing the taxes of the so-called “rich.”  He briefly discusses the characteristics of the millionaires profiled in The Millionaire Next Door.  Thomas J. Stanley’s insightful book tells us that the majority of wealthy people live quite frugally, and about 80% of […]