re: #80 Naso Tang

Do you have the numbers for the top 5%? I suspect that will be more instructive.

From the link. Not the top 5% but the top 20% combined, hold 93% of the wealth.

Financial Wealth
Top 1 percent Next 19 percent Bottom 80 percent
1983 42.9% 48.4% 8.7%
1989 46.9% 46.5% 6.6%
1992 45.6% 46.7% 7.7%
1995 47.2% 45.9% 7.0%
1998 47.3% 43.6% 9.1%
2001 39.7% 51.5% 8.7%
2004 42.2% 50.3% 7.5%
2007 42.7% 50.3% 7.0%

So when you hear that republican talking point that the top 10% pay 40 percent of the taxes, that is probably true, but they also own more than 40% of the wealth in this country.