1. Inheriting at a stepped-up basis.
2. Opportunities in the code only available to folks with extra expendable money.
#28 | POSTED BY DANFORTH AT 2019-06-16 04:01 PM | FLAG: As for your #1., here is some info for you:
"New York University economist Edward Wolff has done the best work I've seen on the contribution of inheritance to wealth inequality, and his latest paper, coauthored with the Bureau of Labor Statistics' Maury Gittleman, is chock full of relevant data on the matter. In 2007, the last year Wolff and Gittleman look at, wealth transfers (mainly inheritances, but also including gifts) made up, on average, 14.7 percent of the total wealth of the 1 percent (more specifically, the top 1 percent in terms of wealth). Interestingly, inheritance's share has declined over time. In 1992, 27 percent of the wealth of the top 1 percent came from wealth transfers." www.washingtonpost.com
Apparently the majority earned theirs, obviously building companies that employ people, enlarging the tax base and enriching our economy.