The answer is $3.37 taxable dollars per each $1,000,000,000.00 of new money circulated in the market place. Yes, three dollars and thirty seven cent, taxable.

Converting percentages shown in the demographic image to people:

Given a total population of 329,064,917 let’s play with how much each demographic groups get per each $ 1,000,000,000. ( one billion dollars) .

90% = 296,158,425.53 people @ 23% share of wealth = $3.37 / billion $

9% = 29,615,842.53 people @ 9% share of wealth = $33.76 /billion $

1% = 3,290,649.17 people @ 1% share of wealth = $ 303.89 /billionS

Assuming I’m talking to the 90% demographic group. Imagine that your $3.37 per billion dollars are taxable and the $303.89 per billion for the one percent segment are non taxable. There is another formula that I could apply to compare taxable to non taxable so you can see the REAL difference but this, I’m guessing, is enough information for now. You are always saying “follow the money”. Time to follow your own money and get a clear pictures of how the “hand” is being distributed.

Subscribe for our Notifications

Keep up to date with our new blog posts.

We keep your data private and share your data only with third parties that make this service possible.

Subscribe for our Notifications

Keep up to date with our new blog posts.

We keep your data private and share your data only with third parties that make this service possible.

Learn more about finance terms at Investopedia

Categories: Finance

0 Comments

Leave a Reply