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by diziet 16 days ago
Well, the labels are fundamentally misleading: According to the author's data, "40 people get 0.75 slices each", whereas that 30 slice pie is labeled as "Hedge funders, fascist VCs, and cosmetic surgeons". Even if you take a charitable view to bundle every possible related occupation, I can hardly understand how labeling 40% of the US population as "Hedge funders, fascist VCs, and cosmetic surgeons" is accurate.

The US has a very progressive taxation system: https://taxfoundation.org/wp-content/uploads/2023/01/FedData...

For working and middle class households, the US tax burden is usually lower than in most European states, especially once payroll/social-insurance taxes and VAT are included. The US federal tax system is also very progressive by OECD standards, so upper-income households carry a larger share of federal taxes while the lower/middle bear less of the explicit tax load

Of course, wealth is not exactly income, etc