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This can be misleading because it doesn't account for wealth concentration. When you realize HOW MUCH of the wealth the 1% control, 37% seems small.
by metalchianti 7y ago
This can be misleading because it doesn't account for wealth concentration. When you realize HOW MUCH of the wealth the 1% control, 37% seems small.
- exclusiv 7y agoThat doesn't make the statement misleading. We tax income. The middle class doesn't pay the majority of taxes. You may think there should be a wealth tax but the statement isn't misleading. The prior statement was inaccurate.