American Wealth, Sliced Up

We’re having a pizza party with 100 guests! Let’s divvy up the slices the way wealth is divided among American households.

https://kottke.org/26/05/american-wealth-sliced-up

155 points · 17 comments · view on lemmy.world

17 Comments

pixxelkick@lemmy.world · 58 pts · 95d (7 replies)

This doesnt line up with the source data...

It sorta seems like they picked random people lol

Also they are mixing together actual wealth with people's unrealized wealth....

adb@lemmy.ml · 35 pts · 95d (3 replies)

Indeed, this looks very unserious.

Unrealized wealth isn’t a thing though. You’re mixing it up with unrealized gains (edit: an already quite dubious concept) Stock is wealth, just like your house.

mic_check_one_two@lemmy.dbzer0.com · 13 pts · 95d

Yeah, exactly. If unrealized wealth isn’t a thing, why do property taxes increase even if you haven’t sold your home? After all, your home going up in value isn’t realized until you sell the property. It’s almost as if the federal government knows that unrealized gains are BS, but they only want to bother with taxing the poors. Because if they started taxing unrealized wealth, that would target the rich. And we can’t have that.

Evil_Shrubbery@thelemmy.club · 3 pts · 95d

Yes, this.
It amazes me how quickly ppl will defend/repeat oligarch propaganda on the subjects they don't (want to?) understand.

pixxelkick@lemmy.world · 2 pts · 95d

My bad, you are definitely right there, in which case the graph is... a bit more correct.

d00ery@lemmy.world · 12 pts · 95d (1 reply)

https://www.cbo.gov/publication/60807

families in the top 10 percent of the distribution held 60 percent of all wealth

families in the top 1 percent of the distribution held 27 percent

one trillion = 1,000 billions

~$2 trillion in 5 people: Elon, Larry page, Sergey Brin, Jeff bezos, Larry Ellison https://www.forbes.com/real-time-billionaires/

5 people own 10% of the wealth?

pixxelkick@lemmy.world · 2 pts · 95d

That sounds closer to the numbers I know of

anarchy79@lemmy.world · 2 pts · 95d

Feels a little AI

chisel@piefed.social · 27 pts · 95d

Ah yes, my favorite bourgeoisie group: cosmetic surgeons.

kamenlady@lemmy.world · 13 pts · 95d (3 replies)

Elon Bezos is the most disgusting thing i read today

CIA_chatbot@lemmy.world · 6 pts · 95d (2 replies)

But what about those facist cosmetics surgeons!

anarchy79@lemmy.world · 7 pts · 95d (1 reply)

I hate facist cosmetic surgeons!

kamenlady@lemmy.world · 3 pts · 94d

ChicoSuave@lemmy.world · 12 pts · 95d

And now each section pays the same in taxes. Except the big ones don't. It all comes from the little part. See how much better things would be of the rich were taxed out of existence? We can all be rich if we take back the wealth

anarchy79@lemmy.world · 6 pts · 95d (1 reply)

The cake is a lie?

neidu3@sh.itjust.works · 5 pts · 95d

The cake is real. Your "fair share" is the lie.

CubitOom@infosec.pub · 4 pts · 95d

Only the red slices are taxed at all.