"Dave" wrote in message
...
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.

No, that is patently untrue. I do not have the exact figure on hand, but
somewhere above half of the worth of all public shares is owned by mutual
funds, pension funds and insurance companies. In other words, anyone with a
401k or IRA, anyone with life insurance or fire or hazard insurance, anyone
with a union or company pension, indirectly owns those shares.