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by lm28469 1353 days ago
Actually it's not too crazy as the top 1% own about 20% of the total wealth

> The wealthiest 1% of households hold about 20% of household wealth, the top 5% of hold approximately 40%, and the top 10% hold over 50% of wealth

https://ifs.org.uk/articles/distribution-household-wealth-uk

If you don't tax them they just amass more and more money without contributing more, if anything their wealth is due to the work of the bottom xx% of society that work for these ultra rich families