2 ms·
It doesn't need to "follow." It is simply a fact: https://en.wikipedia.org/wiki/Wealth_inequality_in_the_United_States#Wealth_and_income https://en.wikipedia.o
by Someone1234 8y ago
It doesn't need to "follow." It is simply a fact:
https://en.wikipedia.org/wiki/Wealth_inequality_in_the_United_States#Wealth_and_income https://en.wikipedia.org/wiki/Wealth_inequality_in_the_Unite...
- zxcmx 8y agoTax is paid on income. You linked to something about wealth.
- Someone1234 8y agoI linked to an article with a section on Income Inequality as part of the larger topic of Wealth Inequality. Here's a direct quote from that very link: > According to US economist Joseph Stiglitz the richest 1% of Americans gained 93% of the additional income created in 2010.[44][45] A study by Emmanuel Saez and Piketty showed that the top 10 percent of earners took more than half of the country’s total income in 2012, the highest level recorded since the government began collecting the relevant data a century ago.[46] People in the top one percent were three times more likely to work more than 50 hours a week, were more likely to be self-employed, and earned a fifth of their income as capital income.[47] The top one percent was composed of many professions and had an annual turnover rate of more than 25%.[48] The five most common professions were managers, physicians, administrators, lawyers, and teachers.[47] Did you read what I linked or just read the title? There's literally an entire section on the topic of income inequality, but nobody took even the time to read the subsection headers let alone the actual section?
- closeparen 8y agoWealth and income are not the same thing.
- tomnipotent 8y agoThe OP is about income tax, not assets & wealth. Two very different subjects.