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A comment on Federal Reserve raises rates by 0.75%. Parent comment

Re:Federal Reserve raises rates by 0.75% by baal80spam on Wednesday June 15, 2022 @03:41PM (#31758330)
> top 25% pay 87%

Wow, this is pretty eye-opening.

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Re:Federal Reserve raises rates by 0.75% by RyanHamilton on Wednesday June 15, 2022 @04:18PM (#31758884)
The 3 Richest Americans Hold More Wealth Than Bottom 50% Of The Country
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Re:Federal Reserve raises rates by 0.75% by JaimeThompson on Wednesday June 15, 2022 @04:08PM (#31758767)
Only in regards to income taxes which may include large corporations. It doesn't include all the other taxes that nearly everyone pays.
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Re:Federal Reserve raises rates by 0.75% by nemo44x on Wednesday June 15, 2022 @04:42PM (#31759205)
It is but it isn't surprising. Pareto Principal and all. So naturally, 20% of the people contribute 80% and 80% of the people contribute 20%, or thereabouts.

The bottom 50% contribute nothing and in fact are a net negative contributor when you consider welfare, housing, etc, and other benefits. Of course, this doesn't stop certain scumbag pols like Warren from lying to them that it's the other half that's ripping everyone off.

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