How much of the total US wealth is owned by (a) the richest 1 percent? (b) the poorest 40 percent?

Answers

Answer 1

The US wealth owned by the richest 1 percent is 38.1 percent of total wealth.

The US wealth owned by the poorest 40 percent is 0.2 percent of total wealth.

What do you mean by wealth?

The value of all the valuable assets that a person, group of people, business, or nation owns is measured as wealth.

The unequal distribution of assets among Americans is wealth inequality in this country. The values of any residences, cars, personal belongings, businesses, savings, and investments, as well as any related debts, are frequently considered to be part of one's wealth.

In order to inform discussions on a prospective net worth tax or other reforms to the taxation of wealth in the United States, this issue brief offers an overview of the wealth distribution in the country.

Therefore, The US wealth owned by the richest 1 percent is 38.1 percent and the poorest is 0.2 percent.

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Related Questions

1. According to the National Assembly, what were the "sole causes of public calamities and the corruption of
government

Answers

Answer:

the ignorance, neglect, or contempt of the rights of man.

Explanation:

who was the first african american to earn a doctorate from harvard

Answers

Answer:

Du Bois

Explanation:

Du Bois was a doctoral student at Friedrich-Wilhelms-Universität, was the first African American to receive a Ph. D. from Harvard University (in 1895), and was awarded an honorary doctoral degree from Humboldt-Universität in 1958.

a man named du bois from harvard in 1889

What does this quote by Napoleon—"I no longer considered myself a mere general, but a man called upon to decide the fate of peoples" (Paragraph 6)—reveal about his character? Cite evidence from the text to support your answer.
Use Napoleon Bonaparte commonlit article.

Answers

Answer:

Explanation:

He had an extraordinary sense of grandeur and believed himself to be much more than a mere mortal, thinking of himself as something of a god on earth. This is seen in the sentence where he claims himself to not just be a general, but rather someone that decides the fates, as if he has such grand power to decide the fate of not just a single person, but rather of "peoples

i hope this really helps you!

How is the principle of popular sovereignty related to the principles of a republican form of government and limited government ?

Answers

I just want some points

the major immediate cause of the great rebellion was

Answers

Answer: What were the causes of the Great Rebellion of 1857? Relations between the Indian soldiers (sepoys) in the armed forces that the East India Company kept in India and the British authorities were very poor in the 1850s. The sepoys felt that the British did not respect their religion and this was a major reason for their mutiny in 1857 that prompted the Great Rebellion.

who is the chief justice of the united states supreme court?

Answers

The current Chief Justice is John G. Roberts Jr.

PLEASE QUICKLY I NEED THIS NOW PLEASEEE
The Nanjing (also known as Nanking) Massacre is memorialized with a museum at the site where it occurred. In which country did this event happen?
Select one:
a.Japan
b.China
c.Philippines
d.Vietnam

Answers

Answer:  b) China  

Explanation: :)

Answer:

The Nanjing or (Nanking) massacre occured in China in, December 13, 1937.

Explanation:

Hope this helps :)

I ASKED THIS QUESTION 4 TIMES NOW CAN SOMONE HELPPPP ME

Why do you think that the original rules stated only men would be allowed to serve in the military? Do you think the changes through the years have been positive or negative? Do you have any concerns about women serving in direct combat positions? Why or why not?

Answers

Answer:

Image result for Why do you think that the original rules stated only men would be allowed to serve in the military? Do you think the changes through the years have been positive or negative? Do you have any concerns about women serving in direct combat positions? Why or why not?

Just like men, women should be allowed to choose how they fight for their country based on their strengths. ... Having female troops in every combat role is crucial for intelligence gathering, because they're naturally able to navigate cultural differences when interacting with local populations.

Explanation:

(I'll give Brainliest)

what benefits did the law provide for Tax Reform Act of 1986

Answers

Answer:

reduced the value of many tax deductions, removed millions from tax rolls, and reduced the number of tax brackets.

Answer: The Tax Reform Act of 1986 made a benefit by ( lowering Federal income tax rates and decreasing the number of tax brackets)

,  Hope this helps :)

Have a great day!!

(GENERAL QUESTION) The marking period just started and I got a 9/10 points = 90% average on my Social Studies Assignment. I know from past experience getting back to a 95 (my goal) is already difficult and requires many 10 point assignments (most of my assignments are worth 10 points) . I NEED to get high honor roll (90%+) my grade for the last MP was 98%. I need to not stress about a 90% and know it has time to improve even with those small 10 point assignments. PLEASE HELP

Answers

Answer:

Explanation:

well that's not a question but I gotta say that 90 is already good so don't stress out

What was the goal of the
Freedom Summer project?

Answers

Answer:

The 1964 Freedom Summer project was designed to draw the nation's attention to the violent oppression experienced by Mississippi blacks who attempted to exercise their constitutional rights, and to develop a grassroots freedom movement that could be sustained after student activists left Mississippi.

Explanation:

so it would mainly be for 2 show that everybody in the world has freedom no matter what

The North had less manpower than the South.
true or false

Answers

Answer:

True

Explanation:

The North had more manpower than the South due to: large cities and many factories were located in the Northeast.

Apology:

I am very sorry if i am incorrect-

What was the goal of the Equal Rights Amendment?

To end divorce rights for women

To grant a woman’s right to privacy

To end state and federal discrimination laws

To ensure abortion rights for women

What did NOW create that identified their goals to employment?

Answers

Answer:

1. To end state and federal discrimination laws

2. A Bill of Rights

Explanation:

Hope this helps :)

Answer:

What was the goal of the Equal Rights Amendment?

To end state and federal discrimination laws

What did NOW create that identified their goals to employment?

A Bill of Rights for women.

does the president how too much power?

Answers

Answer:

The American president doesn't have too much power. This is true because the president has veto power over legislation, including those mandated by Congress, can remove all subordinates in the executive branch, and can direct those same subordinates to do any particular action within the executive branch.

Explanation:

Answer:

A president cannot

make laws.

declare war.

decide how federal money will be spent.

choose Cabinet members

what do you think now?

which statement best describes a cause of world war 1?

Answers

Answer:

The answer is C

Answer:

C. Imperialism led to conflicts over colonial resources, labor, and markets.

Explanation:

B is typically defined during the Great Depression Era, and is pre World War II, so it is not your answer.

D is typically defined after World War II during the Cold War, and so is not your answer. However, it is worth noting that there has been schools of thought and that Communism had already been a prevalent idea during World War I.

A is not your answer, because the Age of Enlightenment had already occurred centuries before, during the 17th and 18th century.

Los culpados por crear La Boicotizadora fueron:

a. Los independentistas

b. Los anexionistas

c. Los liberalistas

d. Los autonomistas

Answers

Answer: d) Los autonomistas

Explanation: "La Boicotizadora fue una sociedad secreta que surgió a fines de 1886 y cuya existencia se conoció luego de la fundación del Partido Autonomista en Ponce en marzo de 1887. El objetivo principal fue detener la expansión económica española a favor de los comerciantes puertorriqueños mediante el sistema del boicot."

in his book, blank claimed that his account of the Peloponnesian War was factual because it relies on the accounts of blank?
First To Answer Correctly Gets Brainliest!!!! <3

Answers

❤❤❤❤In his opening lines, Thucydides says he wrote about the Peloponnesian War between Athens and Sparta, “beginning at the moment that it broke out, and believing that it would be a great war and more worthy of relation than any that had preceded it.” At the time, Athens was a great sea power with a democratic political ...❤❤❤❤

How did each group value Minnesota’s natural resources (like land and rivers): Dakota:
European Americans:

Answers

Each group valued Minnesota's natural resources such as land and rivers for a different purpose. The Dakota used natural resources as a source of livelihood.

European Americans, on the other hand, aimed to use Minnesota's natural resources as a way to establish properties on the fertile frontier.

Therefore, the Dakota Indian group had a deep connection to the land of Minnesota, using its resources to support its community through fishing and hunting.

European American settlers, on the other hand, were interested in transforming the land into a state with the implementation of trade and property to generate wealth.

The Dakota were then threatened and forced to cede their Minnesota lands by signing treaties in 1851.

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please please pleaseeeeeeee help me !!!!!!!! Why do you think British commanders sometimes referred to Washington as the “old fox”? How does he use retreat as a strategy????????

Answers

Answer:

i dont know

Explanation:

i dont know

Is the U.S. Bail System Fair?

Answers

Answer:

Decently fair

has anything happened on May 7 1919 in canada

Answers

Answer:

Between 15 May and 25 June 1919, more than 30,000 workers left their jobs. Factories, shops, transit and city services shut down.

Explanation:

veterans day originally commemorated the end of which war?

Answers

It started at the end Of World War One and was originally known as Armistice Day

What happened to most working women after World War I?
O A. They received increased wages.
B. They kept working in their current jobs.
C. They earned government pensions.
D. They were expected to give up their jobs.

Answers

D Is the correct answer

the political capital of the northern tribes was at

Answers

Answer:

Tirzah (perhaps modern Tall al-Fāriʿah)

Explanation:

The political capital of the northern tribes was at Tirzah .

What is Political capital?

Political capital is the trust, goodwill and social influence that you have built with organizations, teams and individuals.

What is Tribe?

A social division in a traditional society consisting of families or communities linked by social, economic, religious, or blood ties, with a common culture and typically having a recognized leader.

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What were Kennedy's aims in the Vietnam war?

Answers

In a public exchange of letters with South Vietnamese President Ngo Dinh Diem, President John F. Kennedy formally announces that the United States will increase aid to South Vietnam, which would include the expansion of the U.S. troop commitment.

Which of sections represent state-level courts? D, E, F OBE OA, B, C QA F

Answers

Answer:

C QA F

Explanation:

What was most important about the Great White Fleet's voyage?
A. It impressed other nations with American power.
B. It demonstrated new guns.
C. It was the first fleet to reach Asia.
D. It forced Japan to open its ports to trade with other countries.

Answers

Answer:

A. It impressed other nations with American power.

Explanation:

Answer:

A. It impressed other nations with American power.

Explanation:

The Great White Fleet was the popular nickname for the group of United States Navy battleships which completed a journey around the globe from December 16, 1907 to February 22, 1909 by order of President Theodore Roosevelt.

About its missions:

Its mission was to make friendly courtesy visits to numerous countries while displaying new U.S. naval power to the world. One goal was to deter a threatened war with Japan since tensions were high in 1907. It familiarized the 14,500 officers and men with the logistical and planning needs for extended fleet action far from home.

Note:

I hope this helped at all. If you need further assistance just comment down below saying I need more details and Ill provide you more details / more explanation.

For Moderator's:

(Don't delete this answer because I want to help everyone I can within school hours.)

How could a book show the cruelty of slavery to people who lived in areas with no slavery ?

Answers

that's a good question I think the time periods changed

Harriet Beecher Stowe showed the northerners the evils of slavery on her book uncle tom’s cabin. There were no slaves int he north at the time bc it was against the law.

Wich general was responsible for laying waste on the southern countryside in his march to the sea

Answers

Answer:

Genral Sherman

Explanation:

Why was Benjamin Franklin nickname the first american

Answers

Answer:

Franklin earned the title of "The First American" for his early and indefatigable campaigning for colonial unity, initially as an author and spokesman in London for several colonies.

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