alt Hacker News>the top 1% have nearly as much income as the bottom 80%
>link for "Distribution of Household Wealth in the U.S. since 1989"
income =/= wealth
Replies
micromacrofoot • yesterday at 11:17 PM
the only difference is whether or not its realized, no? they're using wealth to avoid that
micromacrofoot • yesterday at 4:57 PM
The linked view of the chart is distributed by income percentile, the title is "Wealth by income percentile"
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I don’t think that makes the argument you think it does. Wealth concentration is even more extreme.