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"No one is working, rich or poor".
These are children of the working rich, in other words, rather than the indolent aristocracy – just as Cameron and Clegg are sons of financiers.
UPPER MIDDLE CLASS The insurance issues for those whom many advisers call the working rich are far more complex and daunting.
In 1916 the richest 1% got only a fifth of their income from paid work, whereas the figure in 2004 was over 60%.The not-so-idle richThe rise of the working rich reinforces America's self-image as the land of opportunity.
But Mr. Saez cautions that a plutocracy of the working rich "might not last for very long," pointing in particular to the cuts in the estate tax as a measure that could "accelerate the path toward the reconstitution of the great wealth concentration that existed in the U.S. economy before the Great Depression".
From the traditional redoubts of the working rich and near-rich in the Manhasset and Port Washington areas to the Gold Coast mansions and McMansions in the woodsy enclaves surrounding Locust Valley to the voraciously land-consuming second-home tracts of the Hamptons, a high-end hiatus has set in.
Similar(40)
The town and the community worked as towns and communities are supposed to work: rich and poor, needful and able together, in a triumph of altruism and decency.
Both contend that it works: rich individuals, such as owners of family firms or Asian entrepreneurs, buy investment-banking products, they say.
Miners have worked rich deposits of gold, silver, copper, nickel, and other metals in several districts of the Klamaths.
And he also reminds himself that at least he's not working for rich people.
It is a sumptuous 17th-century work, rich in details.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com