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by pishpash
3071 days ago
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Half (46% in 2013) of all Americans owned some financial wealth, that's already counting indirect investments -- I believe this number came from a study by Ed Wolff. In the same year (2013), the bottom 80% together owned about 5% of the financial wealth in the US, under the same definition counting indirect investments (80%-99% owned about 50%, 99%-100% owned about 45%). So no, "everyone" does not benefit in the same way from corporate wealth and "regular people" (the bottom 80% seems like a pretty good proxy) have basically nothing to do with it, even in aggregate -- forget about per capita. As for not taxing corporations at all and instead fully taxing dividends and gains, that's a different discussion with its own merits. |
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