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A comment on The Long History of Nobody Wants to Work Anymore. Parent comment

Re:The Long History of Nobody Wants to Work Anymore by bluGill on Sunday July 30, 2023 @01:05PM (#36933334)
The money is in the middle class though. Sure the rich have a bunch, but the middle class has far more. In real terms taxing the rich won't bring in enough money to count unless you redefine rich to cover most middle class.
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Re:The Long History of Nobody Wants to Work Anymore by lifeisstillgood on Monday July 31, 2023 @01:40AM (#36939168)
https://www.federalreserve.gov/releases/z1/dataviz/dfa/distr...

So if i am reading the very first graph right, the top 10% wealthy in USA in 2023 held about 96Trn out of 140 Trn.

The top 10 % is not usually middle class

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Re:The Long History of Nobody Wants to Work Anymore by momirlan on Tuesday August 01, 2023 @04:25PM (#36962236)
True, taxing and inflation hit the middle class the hardest. The upper classes don't have "income", they borrow funds based on their assets and have tax specialists that can launder any income. They don't have mortgages either.
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