Originally Posted by Prison Bitch
Your link says that the top marginal rate was 91% in 1964. The "Bush tax cuts" had it down to 35% in 2007. Yet this chart shows the richest 1% had about the same share of wealth in either situation:
Yes. However, the chart fails to demonstrate changes in the Top 5%/95%, or Top 10%/90%. I should look for that info. Still kind of wild to think that 33% of this countries wealth is controlled by the top 1%. I wonder how much influence that 1% has on selection of candidates that appear on the ballots during any given election cycle.