3 ms·

Friend, you are more than likely in the top 1% of the world population. That only takes about $32k/year[0]. [0] http://www.investopedia.com/articles/personal-f

• themartorana 10y ago
  You're right. I am. And the stats above were US focused. (The 50% of wealth stat holds[0]). The point, though, was GP's sole contribution was a link pointing to an article that the top 1% pay nearly half of federal income taxes (actually 45.7%) as a counter-point to its parent claiming the rich don't pay their fair share. Well, 23% federal is not their fair share, based on income and wealth accumulation. As to me being in the global 1%, there is no doubt. But like I said, I paid a lot in taxes, and I champion basic income (see any previous comments of mine on the subject). I don't defend high earners as unfairly burdened, and I believe that poverty and lack of healthcare in this world is a political problem, not a money/resource problem, and the fact that so many kids in the US, let alone the world, go hungry at night is a travesty of epic proportions. [0] http://inequality.org/wealth-inequality/ http://inequality.org/wealth-inequality/