The wealthiest 10% of Americans own a record 89% of all U.S. stocks

Re:The wealthiest 10% of Americans own a record 89% of all U... by skinnymuch on Monday October 18, 2021 @12:14PM (#28907134)

Edit: I just looked at this and other articles. They all say to be aware of how isolated 2020 and 2021 are due to the stimulus. I believe it is bad faith to put 43% as the number when for every other year, the number is usually below 25%.

EDIT: This to me is another indicator of the narrative pushing and stat specifying that muddies the waters.

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It would be quite helpful if the net worth/wealth of individuals who don’t pay either is given as well. When that 43% figure is pointed out. Generally people only think of lower economic class people. Not situations like the previous president not paying taxes for a number of years.

Otherwise all these stats still do not change my original point that they all muddy the waters and people assume the stats are only referring to lower income individuals or “leeches” who are of lower socioeconomic levels too.

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Re:The wealthiest 10% of Americans own a record 89% of all U... by LorenPechtel on Monday October 18, 2021 @01:37PM (#28908191)

There's also the early-pandemic dip. The stock gains aren't nearly so dramatic when you look at the bigger picture.

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