4 ms·
> > "Capital income amounts for two percent of income for the bottom 99 percent of households." (page 7 of the pdf) > so 98% of capital income accrues to the 1
by jstanley 6y ago
> > "Capital income amounts for two percent of income for the bottom 99 percent of households." (page 7 of the pdf)
> so 98% of capital income accrues to the 1%
No.
It's not saying that 2% of capital income goes to the bottom 99%. It's saying that 2% of the income of the bottom 99% is capital income.