3 ms·
https://en.m.wikipedia.org/wiki/Wealth_inequality_in_the_United_States https://en.m.wikipedia.org/wiki/Wealth_inequality_in_the_Uni... https://en.m.wikipedia.o
by rsaxvc 4y ago
https://en.m.wikipedia.org/wiki/Wealth_inequality_in_the_United_States https://en.m.wikipedia.org/wiki/Wealth_inequality_in_the_Uni...
https://en.m.wikipedia.org/wiki/Income_inequality_in_the_United_States https://en.m.wikipedia.org/wiki/Income_inequality_in_the_Uni...
It's all in the top 10 or 20%.
- noyoudumbdolt 4y agoThe top 20% is household income over $109,000. That's not the ultra rich by any means.
- deleted 4y ago[deleted]
- marcusverus 4y ago> That's not the ultra rich by any means. Bingo. And don't forget that the AVERAGE number of earners in a top-quintile household is 2![0] [0] https://www.aei.org/carpe-diem/explaining-us-income-inequality-by-household-demographics-2020-update/ https://www.aei.org/carpe-diem/explaining-us-income-inequali...
- acchow 4y agoThe ultra wealthy avoid having much income by borrowing against their assets instead of selling. So they usually never realize capital gains on most of their assets all the way until their death. https://www.businessinsider.com/american-billionaires-tax-avoidance-income-wealth-borrow-money-propublica-2021-6 https://www.businessinsider.com/american-billionaires-tax-av...