FYI, there are an estimated 10,660 people in the US with a net worth of $100 million or more — a very small slice of our total population of about 333 million people.
And these high-net-worth families and individuals often aren’t paying their fair share. For example, an oft-cited 2021 study found that the 400 wealthiest American households had paid an effective federal tax rate of only 8.2% between 2010 and 2018.
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