• Eheran@lemmy.world
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    22 hours ago

    So? Where are the other 70 % going? The rich can have all the numbers on their bank account they want, that is not where 70 % of all resources end up.

    • PugJesus@lemmy.world
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      14 hours ago

      ~30% goes directly to the rich as individuals. Probably a good 5% goes to wastage on defense, on Eisenhower noted.

      Another significant percentage goes to corporations which then reroute that money in official and unofficial benefits as befits the owners of private fiefdoms that are, nonetheless, not directly counted in the net worth of rich individuals.