The top 1% of earners pay 45.8% of the federal income taxes.
https://t.co/UwPHS3ovXO... See more
The top 1% of earners pay 45.8% of the federal income taxes. https://t.co/UwPHS3ovXO https://t.co/G3YShlUzSD
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WSJ: "The top 10% of earners in the U.S. now account for 49.7% of all spending, a record in data going back to 1989. Three decades ago, they accounted for about 36%."
It is surging stock and property markets that seem to drive their disproportionate spending.
https://t.co/2sDNWBn1PE
Michael Pettisx.comTreasury Secretary Scott Bessent tells Tucker Carlson
- The top 10% of Americans own 88% of equities, 88% of the stock market
- The next 40% owns 12% of the stock market
- The bottom 50% has debt
-Summer of 2024 more Americans were using food banks than they ever have in history... See more
Wall Street Apesx.comTAX DAY.
Got the email from my CPA Friday. I will be getting a refund again. This year my effective tax rate will be about ~9% on a high 6-fig income.
How? I'm glad you asked...👇
Kriss Berg, etc.x.com