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Old June 28th 08, 02:57 PM posted to rec.radio.shortwave
D Peter Maus D Peter Maus is offline
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First recorded activity by RadioBanter: Jul 2006
Posts: 962
Default 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.