U.S. Wealth Concentration: The Most Accurate Current Estimates

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2. Not exactly "mirror image", it would be interesting to know what the poorest 10 % has...

But obviously that would likely be a negative number in terms of net wealth.

But even comparing the top 1% to the bottom 50 %..
Top 1 % own 43"%
Bottom 50% own between 1.1% and 2.5% -- say, 2%.

Imagine a wealth tax on the top 1% getting distributed to the bottom 50%.. What effect would that have?

With a one-time wealth tax of 20% -- then 8.6% gets distributed from the 1%ers to the bottom half, the 1%ers are left with 35%, and the bottom HALF get to QUINTUPLE their wealth, going from 2% to 10.6%. The wealthy lose 20%, while half of the country increases what it has by 500%.

The country could theoretically DOUBLE the wealth of the bottom half, by imposing a tax of just 5% on the wealth belonging to the 1%ers.

Of course, the wealth is sometimes tied up in illiquid assets like land, and the bottom half likely wouldn't hold onto that wealth; they'd spend it on necessities and small luxuries, but wouldn't that be a big boost to the economy?

Doing these calculations based on income rather than wealth would be interesting.