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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 wbsss4412 on Monday October 18, 2021 @04:25PM (#28911212)
I guess what’s confusing for me is that the “63% of people don’t pay income taxes” line is usually trotted out to say that the rich are the only ones who pay taxes and everyone is just a welfare queen or something. But it sounds like you are trying to say that it shows that tax avoidance is a real problem and that this a primarily a symptom of the rich being able to hire tax evasion specialists.

If that’s the case then there’s no disagreement from me.

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Re:The wealthiest 10% of Americans own a record 89% of all U... by SquishyPanda23 on Monday October 18, 2021 @09:23PM (#28913874)
Ah okay, that makes sense then. Sorry about my confusion.

I don't know the motives of the original poster. Since the article was about how the top 10% own ~ 90% of the stock, I assumed the relevance of the income tax figure was that it was related to its impact on wealth inequality.

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