From Capitalism to Socialism. . . how we live and ...
Karl Marx Quotes
The Socialist Party's Summer School 2020
Sunday, October 20, 2019
The US central bank estimates that the top 1% of US households hold about 39% of the country's wealth, a term that includes assets such as property.
The top 1% also account for about 13% of income, after taxes and other federal transfers, according to a 2016 Congressional Budget Office analysis.
That's a higher share than in the UK, where the top 1% is estimated to account for about
8% of income
around 24% of overall wealth.
The richest 400 Americans now pay lower tax rates than any other income group
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