News for hackers. Stuff that matters.

A comment on Capitalism Is Collapsing and Nothing Is Rising to Replace It. Parent comment

Re:Capitalism Is Collapsing and Nothing Is Rising to Replace It by jcranmer on Wednesday January 11, 2017 @10:39AM (#13374655)
The share of taxes paid by the rich is greater than their share of income and wealth.
[ Parent | on HN ]
Re:Capitalism Is Collapsing and Nothing Is Rising to Replace It by cmurf on Wednesday January 11, 2017 @11:08AM (#13374897)
The chart in this article says people who make more than $250K per year are paying just over 1/2 of income tax paid.

http://www.pewresearch.org/fact-tank/2016/04/13/high-income-...

And then here, merely the top 10% of wealth holders hold 76% of the wealth, and the top 20% of wealth holders hold 85% of total wealth. The statistics are no where near what you appear to be claiming.

https://en.wikipedia.org/wiki/Wealth_inequality_in_the_Unite...

[ Parent | on HN ]
Re:Capitalism Is Collapsing and Nothing Is Rising to Replace It by JoeAltmaier on Wednesday January 11, 2017 @10:41AM (#13374678)
Citation?
[ Parent | on HN ]