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%.
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.