4 ms·
These numbers are useless unless you give me everyone's comparative worth. If a top 1% individual is worth 1000x more than a bottom 50% individual, I would exp
by _DeadFred_ 10mo ago
These numbers are useless unless you give me everyone's comparative worth.
If a top 1% individual is worth 1000x more than a bottom 50% individual, I would expect the numbers to be higher. If they are only worth 10x as much, it seems out of line and unfair to the higher payers.
- andsoitis 10mo ago> These numbers are useless unless you give me everyone's comparative worth. If a top 1% individual is worth 1000x more than a bottom 50% individual, I would expect the numbers to be higher. If they are only worth 10x as much, it seems out of line and unfair to the higher payers. Bottom 50% earners make on average 20-25k. Top 1% earners make on average 800k-1m. So top 1% average income is 35 -45x higher than bottom 50%. Bottom 50% earn 11-13% of total US income. Top 1% earners 20-22% of total US income. I don’t have an opinion of fairness either way. I’m just sharing data.