[losteric]

The top 1% own 31% and the top 10% own 68% of household wealth.

The group you’re talking about, 70-95 percentile, are often people that just own a house near a big city or a farm/small business.

[CalRobert]

Tbf many of them are nimbys who made it impossible to build more homes in or near that city

[xp84]

Yeah, and those people will be forced to liquidate their holdings (aka sell their houses in a market where most of the houses are for sale) to pay their share of the “wealth tax 2.0” after the “Billionaires” version fails to bring in enough money to pay for all the things promised.