Rich Dad Poor Dad Audiobook By Robert Kiyosaki

Chapter 4 : History of taxes and the power of corporation

Jun 11, 2022
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ANECDOTE

Robin Hood Crook

  • Kiyosaki's teacher viewed Robin Hood as a hero.
  • His rich dad called Robin Hood a crook.
INSIGHT

Tax Burden

  • The "Robin Hood" idea of taxing the rich hurts the poor and middle class.
  • The rich aren't heavily taxed; the middle class, especially the educated upper-middle class, are.
INSIGHT

Tax History

  • Initially, England and America had no taxes, only temporary war levies.
  • Income tax became permanent in England in 1874 and the US in 1913.
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