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1. Embed this notice
   TCat likes reality (tcatinreality@mastodon.social)'s status on Tuesday, 16-Apr-2024 03:12:53 JST TCat likes reality

   in reply to

   • Robert Reich

   @rbreich
   ...one more reason capital gains should be taxed at ordinary rates

   • Embed this notice
     Sergey on FunctionalScript (functionalscript@techhub.social)'s status on Tuesday, 16-Apr-2024 03:12:53 JST Sergey on FunctionalScript

     in reply to

     • Robert Reich

     @TCatInReality @rbreich including social security tax. Also, social security tax should have no cap.

   • Embed this notice
     Robert Reich (rbreich@masto.ai)'s status on Tuesday, 16-Apr-2024 03:12:55 JST Robert Reich

     The top 10% of richest Americans own 87% of stocks.

     The top 1% alone own roughly half of all stocks.

     It's worth pointing out once again that the stock market is not the economy.