Wealthy


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Wealthy

Describing a person or entity with strong financial resources. There is no strict definition of how much one needs to have in order to be "wealthy," but, in general, it refers to one with more money or assets relative to others in a society. The wealthy drive economic growth. Some believe this ought to be encouraged, as it eventually makes the remainder of society wealthier; others, however, believe growth is strongest when the needs of multiple classes are balanced. A few others believe wealthy persons ought to have most of their resources confiscated and redistributed, but this is a minority opinion.
References in periodicals archive ?
Moreover, they claim that because the economy will grow so much faster, tax cuts for the wealthy pay for themselves as the folks being "trickled-on" will start paying taxes they otherwise wouldn't from their newly created jobs.
Gou, who is participating in the KMT primary for the 2020 presidential election, said that as one of the richest men in Taiwan, he has a better understanding than many other people in Taiwan about how to tax the wealthy.
London has been named as the top city for the world's wealthy.
The billionaire investor said during the interview, "The wealthy are definitely undertaxed relative to the general population."
Over the past 30 years, the UK has been one of the biggest havens of the wealthy, attracting investments and migrants from all over the world, including the Gulf.
GBEMISOLA Akinsipe's play, I See The Sun, starts with mourners at the burial of a wealthy man, Dr Ajibade Makanjuola.
The Middle East remained the fourth-largest UHNW region in 2017, just ahead of Latin America and the Caribbean, but recorded by far the weakest growth both in its ultra wealthy population (up 4.4pc) and combined net worth (up 4.8pc).
The US remained by far the leading country for UHNW individuals in 2017, accounting for a 31% share, but it recorded the weakest growth in its ultra wealthy population and net worth among the top seven countries.
The Wealth Report incorporated the "Attitudes Survey" which presented issues influencing the wealthy's decision-making process.
Wealthy beyond his wildest dreams, Johnny goes on the lecture circuit, where he tells his incredible story.
Her parents owned and operated a children's clothing store where Sandra often watched the wealthy and famous come and go.
Paul Krugman | NYT News Service ACCORDING to a new CBS News poll, almost 60 percent of the American public believes that the current Republican tax plan favours the wealthy. Some people see this number as a sign that the plan is in trouble; I see it as a sign that Republican lies are working far better than they deserve to.