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June 28th 08, 02:40 PM
posted to rec.radio.shortwave
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Who Owns America's Wealth?
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. |
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