Income Inequality

According to the United States Federal Reserve: The bottom 50% of Americans own 5.9% of America’s wealth The bottom 90% of Americans own 36.1% of America’s wealth The bottom 99% of Americans own 71.7% of America’s wealth The bottom 99.9% of Americans own 88.6% of America’s wealth Equivalently: The top 50% of Americans own 94.1% of America’s wealth The top 10% of Americans own 63.9% of America’s wealth The top 1% of Americans own 28....

September 24, 2023