Who Owns America's Wealth?
Dave wrote:
D Peter Maus wrote:
Tex wrote:
The top 10% own 72% of the wealth.
The rest of the 90% own 28% of the wealth.
The top 1% owns 37% of the wealth.
1% of Americans own more wealth than the entire 90% of the rest of
Americans (37% vs. 28%).
Source: The Federal Reserve
Whens the last time a rich person did anything for you? Yeah me
neither.
The top 1% pay over a third, 34.27% of all income taxes. (Up from
2003: 33.71%)
The top 1% own 53% of the stock market.
So, what? One person on my block owns 80% of all the real estate.
Ownership isn't a crime.
Do the work, you can own something, too.
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