Re:Share of U.S. workers holding multiple jobs is rising
by hannasanarion on Friday February 19, 2021 @09:38AM
(#26193586)
There are very few of them, and yet they control the vast majority of the country's wealth. The top 1% owns 55% of all the valuable assets in the United States. The top 10% owns 85% of all valuable assets. Most of the remaining 15% of assets are owned by pension funds and small-time landlords.
Just by taxing that top 10% (roughly people who earn over 200k/yr), the government would get access to 85% of all the nation's wealth.
Re:Share of U.S. workers holding multiple jobs is rising
by refurb on Friday February 19, 2021 @09:09PM
(#26200804)
That’s exactly my point. It’s not the billionaires who own most of the wealth, but the top 10% which includes people making over $200k per year. There are LOTS of those folks. That’s where the bill of the wealth is.
Re:Share of U.S. workers holding multiple jobs is rising
by hannasanarion on Saturday February 20, 2021 @01:02AM
(#26202014)
No, that's where about 30% of the wealth is. The bulk of the wealth is the 55% that is owned by the top 1%, roughly people making over $550,000/yr
What is "55%" if not "most of the wealth"?
We won’t solve inequality by taxing the billionaires it’ll be from taxing the upper-middle class. Just like the states with more equality in Europe do.
If you’re in the top 25% of income you’ll need to make some sacrifices if you want to solve the problem.