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WarmWashyesterday at 2:55 PM1 replyview on HN

Have you looked at wealth distribution or do you just read social media headlines and comments all day?

https://www.federalreserve.gov/releases/z1/dataviz/dfa/distr...

See that 50-90% and 90-99%?

That's where all the money is. Moreover, the top 1% have tons of assets, but not much actual money.

Any "evening out" will come mostly from the 50-99% class.

If you want to see a crack in the echochamber, ask yourself why no publication has ever published this chart?


Replies

gilbetronyesterday at 4:53 PM

That data is published quite often, no conspiracy here.

The point is that the top 1% can be taxed more heavily, not that they own the majority of wealth.

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