US Inequality

 From mid-2019 to the end of 2020, U.S. wealth grew by about $20 trillion. 

The richest 10% (who are roughly speaking America's millionaires) took $15 trillion of that.

The average millionaire in America gained about $600,000 during that year and a half. 

The "poorest millionaires" gained about $200,000. The 25,000 very richest Americans (the .01%) each took an estimated $80 million during that time.

According to Americans for Tax Fairness and IRS data, over a recent five-year span the 25 wealthiest billionaires paid an effective federal income tax rate of just 3.4% when their wealth growth is counted as income. 

Meanwhile, the average federal income tax rate for all taxpayers was 13.3% in 2019.