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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 commandlinefan on Monday October 18, 2021 @12:27PM (#28907325)
> They read this as those people pay no taxes

Nobody on earth would ever read "not paying federal taxes" as meaning also not paying social security, medicare, sales or property taxes.

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Re:The wealthiest 10% of Americans own a record 89% of all U... by skinnymuch on Monday October 18, 2021 @12:48PM (#28907616)
Of course not sales tax. However for the rest, yes people would. People are quickly reading the stat. They aren’t thinking deeply or in a nuanced fashion. They aren’t on a forum like this. They are going about their day.

You agree not everyone knows what payroll taxes specifically go toward or that there’s even a separation of federal income taxes and payroll taxes as distinct things, right?

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Re:The wealthiest 10% of Americans own a record 89% of all U... by svachalek on Monday October 18, 2021 @01:03PM (#28907783)
Social Security and Medicare are federal taxes so hopefully some people are aware of that.
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