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technocrit@lemmy.dbzer0.com to A Boring Dystopia@lemmy.world · 3 days ago

American Wealth, Sliced Up

lemmy.dbzer0.com

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American Wealth, Sliced Up

lemmy.dbzer0.com

technocrit@lemmy.dbzer0.com to A Boring Dystopia@lemmy.world · 3 days ago
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We’re having a pizza party with 100 guests! Let’s divvy up the slices the way wealth is divided among American households.

https://kottke.org/26/05/american-wealth-sliced-up

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  • pixxelkick@lemmy.world
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    3 days ago

    This doesnt line up with the source data…

    It sorta seems like they picked random people lol

    Also they are mixing together actual wealth with people’s unrealized wealth…

    • adb@lemmy.ml
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      3 days ago

      Indeed, this looks very unserious.

      Unrealized wealth isn’t a thing though. You’re mixing it up with unrealized gains (edit: an already quite dubious concept) Stock is wealth, just like your house.

      • mic_check_one_two@lemmy.dbzer0.com
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        3 days ago

        Yeah, exactly. If unrealized wealth isn’t a thing, why do property taxes increase even if you haven’t sold your home? After all, your home going up in value isn’t realized until you sell the property. It’s almost as if the federal government knows that unrealized gains are BS, but they only want to bother with taxing the poors. Because if they started taxing unrealized wealth, that would target the rich. And we can’t have that.

      • Evil_Shrubbery@thelemmy.club
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        3 days ago

        Yes, this.
        It amazes me how quickly ppl will defend/repeat oligarch propaganda on the subjects they don’t (want to?) understand.

      • pixxelkick@lemmy.world
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        3 days ago

        My bad, you are definitely right there, in which case the graph is… a bit more correct.

    • d00ery@lemmy.world
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      3 days ago

      https://www.cbo.gov/publication/60807

      families in the top 10 percent of the distribution held 60 percent of all wealth

      families in the top 1 percent of the distribution held 27 percent

      one trillion = 1,000 billions

      ~$2 trillion in 5 people: Elon, Larry page, Sergey Brin, Jeff bezos, Larry Ellison https://www.forbes.com/real-time-billionaires/

      5 people own 10% of the wealth?

      • pixxelkick@lemmy.world
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        3 days ago

        That sounds closer to the numbers I know of

    • Ann Archy@lemmy.world
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      3 days ago

      Feels a little AI

  • chisel@piefed.social
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    3 days ago

    Ah yes, my favorite bourgeoisie group: cosmetic surgeons.

  • ChicoSuave@lemmy.world
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    3 days ago

    And now each section pays the same in taxes. Except the big ones don’t. It all comes from the little part. See how much better things would be of the rich were taxed out of existence? We can all be rich if we take back the wealth

  • kamenlady@lemmy.world
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    3 days ago

    Elon Bezos is the most disgusting thing i read today

    • CIA_chatbot@lemmy.world
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      3 days ago

      But what about those facist cosmetics surgeons!

      • Ann Archy@lemmy.world
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        3 days ago

        I hate facist cosmetic surgeons!

        • kamenlady@lemmy.world
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          2 days ago

  • Ann Archy@lemmy.world
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    3 days ago

    The cake is a lie?

    • neidu3@sh.itjust.works
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      3 days ago

      The cake is real. Your “fair share” is the lie.

  • CubitOom@infosec.pub
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    3 days ago

    Only the red slices are taxed at all.

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