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A comment on Wage inequality may be starting to reverse. Parent comment

Re:Wage inequality may be starting to reverse by rsaxvc on Friday December 30, 2022 @08:23PM (#34192313)
https://en.m.wikipedia.org/wiki/Wealth_inequality_in_the_Uni...

https://en.m.wikipedia.org/wiki/Income_inequality_in_the_Uni...

It's all in the top 10 or 20%.

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Re:Wage inequality may be starting to reverse by noyoudumbdolt on Friday December 30, 2022 @08:29PM (#34192377)
The top 20% is household income over $109,000. That's not the ultra rich by any means.
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Re:Wage inequality may be starting to reverse by marcusverus on Friday December 30, 2022 @08:44PM (#34192518)
> That's not the ultra rich by any means.

Bingo. And don't forget that the AVERAGE number of earners in a top-quintile household is 2![0]

[0] https://www.aei.org/carpe-diem/explaining-us-income-inequali...

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Re:Wage inequality may be starting to reverse by acchow on Sunday January 01, 2023 @04:51PM (#34211367)
The ultra wealthy avoid having much income by borrowing against their assets instead of selling. So they usually never realize capital gains on most of their assets all the way until their death.

https://www.businessinsider.com/american-billionaires-tax-av...

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