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The top 1% also 'earn' >20% of all income, and hold over 30% of all wealth. The bottom 50% of Americans own less than 3% of all wealth. I really think that th
by mandmandam 2y ago
The top 1% also 'earn' >20% of all income, and hold over 30% of all wealth.
The bottom 50% of Americans own less than 3% of all wealth.
I really think that these figures need to start taking into account disposable income, so we can see just how fucking evil this situation really is. There's over 8 million hungry kids in the wealthiest country on the planet. Half a million families file for bankruptcy every year due to medical debt. Etc.
And people are arguing in all seriousness that we need to tax corporations and the wealthy even less, quoting Thatcher and cherry-picking misleading stats. Ugh.