The top 1% of Americans now control one-third of all U.S. net worth as inflation erodes purchasing power and the Federal Reserve’s first rate hike since 2023 pushes borrowing costs higher. Top 1% Hold $60.3 Trillion, Bottom 50% Hold $4.3...
We should have a global Land Value Tax on the top 1%.
Im not contriving a way for this to be okay, Im pointing out the massive gap in excluding almost half the problem to try and make a point.
There is quite clearly a problem, but trying to say that theres no “middle class” (a concept meant to mollify a large swath of people) by implying a group who owns 65% of wealth doesnt matter is terrible logic.
Im not contriving a way for this to be okay, Im pointing out the massive gap in excluding almost half the problem to try and make a point.
There is quite clearly a problem, but trying to say that theres no “middle class” (a concept meant to mollify a large swath of people) by implying a group who owns 65% of wealth doesnt matter is terrible logic.
Yeah, I think the best way to present this would be to look at that top 1 v. bottom 50 over time, and watch the gulf between them grow and grow.
you’re terrible logic.