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A comment on The top 10% owns 87% of the stocks. Parent comment

Re:The top 10% owns 87% of the stocks by scarface_74 on Monday March 03, 2025 @06:11AM (#43240621)
A quick Google search shows the median income tax as percentage of income is around 15%
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Re:The top 10% owns 87% of the stocks by ty6853 on Monday March 03, 2025 @09:39AM (#43242158)
Federal income tax was zero most of the time before 1913.
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Re:The top 10% owns 87% of the stocks by scarface_74 on Monday March 03, 2025 @09:45AM (#43242221)
15% is a far cry from “bleeding us dry”.
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Re:The top 10% owns 87% of the stocks by ty6853 on Monday March 03, 2025 @10:04AM (#43242404)
Federal gov spends about 24% of GDP. Meanwhile HN is constantly reminding us landlords are bleeding us dry at closer to 30% of income.

Pre WW1 peacetime federal spending would be a godsend for working families.

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