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by whenanother
2495 days ago
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this is related to the fallacy of the top 1%. the fact of the matter is only celebrities or people who had a financial windfall makes up most of the so-called 1%. the reality is that the wealthy do not populate the top 1%. they are more likely to be found at the bottom 25% of earners as they are doing all they can to lower their tax burdens which primarily centers around eliminating their taxable income. a better label for your stats is that it takes 20 years for a family to figure out how to hide their wealth. |
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