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A comment on The wealthiest 10% of Americans own a record 89% of all U.S. stocks. Parent comment

Re:The wealthiest 10% of Americans own a record 89% of all U... by newbamboo on Monday October 18, 2021 @12:21PM (#28907225)
Could many of these people be retirees? It takes a lot of wealth to retire and then you don’t pay income tax.
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Re:The wealthiest 10% of Americans own a record 89% of all U... by missedthecue on Monday October 18, 2021 @12:28PM (#28907341)
Only 16.5% of the population is over 65 years old. And many retirees do pay income tax. So most of this number is not retirees.
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Re:The wealthiest 10% of Americans own a record 89% of all U... by newbamboo on Monday October 18, 2021 @01:05PM (#28907801)
I said “many” not “all.”

The question I have is how to have policies that don’t hurt that 16.5%. It seems unfair to go after the elderly and take away the money they have worked hard to save. They are already being hurt by inflation, which sits at about 5%.

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Re:The wealthiest 10% of Americans own a record 89% of all U... by adgjlsfhk1 on Monday October 18, 2021 @12:58PM (#28907731)
once you combine that with 16 and under, you are getting most of it.
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