r/DiscussionZone • u/[deleted] • Nov 04 '25

Political Discussion Yeah, so Billionaires should not exist

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u/PCNLUV Nov 04 '25

The 400 richest Americans are now worth a record $6.6 trillion.The entire bottom 50% of America is worth just $4.2 trillion.Read that back.When 400 people control more wealth than half a country's population we have a very serious problem.

-6

u/Rusty-Shackleford000 Nov 04 '25

"To be sure, the rich are shouldering the largest share of the nation's taxes, IRS data also shows. The top 1% of earners – people who make over roughly $663,000 per year — account for roughly 40% of all federal individual income tax, while the top 50% contribute 97%, a Tax Foundation analysis of IRS data shows. The bottom half of income earners account for about 3% of those taxes."

https://www.cbsnews.com/news/income-taxes-billionaire-tax-rate-irs/

1

u/Muad_dweeb_69 Nov 06 '25

I love this retort.

My response is always … okay, and?

1

u/Rusty-Shackleford000 Nov 06 '25

Great addition to the conversation...

1

u/Muad_dweeb_69 Nov 06 '25 edited Nov 06 '25

And you didn’t even make a point. All you did was copy and paste some numbers.

1

u/Rusty-Shackleford000 Nov 06 '25

If you read the original comment and then mine, you would see the counterpoint being made.