He also doesn't pay a much higher tax rate, despite being much more affluent.
"One of the paradoxes is that we live in an affluent age - we're much more affluent than 30 or even 10 years ago.
63% like to keep up with the latest fashions, while 58% consider themselves to "be much more affluent than the average".
The two companies say they will primarily focus on the urban Indian market, which is much more affluent and has access to more hospitals, clinics and doctors than rural areas that are home to about 70 percent of India's population.
It has also aggravated income inequality: a company's shareholders ultimately pay its taxes, and with a smaller tax bill, shareholders, who tend to be much more affluent than the average American, see their wealth increase.
And she too had blundered, imagining Spencer to be much more affluent as well, a trouble-free 'beard,' able to offer both security and propriety.
Affluent people are much more likely to hold stocks than the poorer half of the population, so they've benefitted more.
Affluent people are much more likely than low-income people to have health insurance, and now they will, in effect, help pay for coverage for many lower-income families.
Second, both Social Security and Medicare are much more important, relative to income, to less-affluent Americans, so delaying their availability would be a far more severe hit to ordinary families than to the top 1 percent.
