US’s Wealthiest Collectively Held $8.5 Trillion in Untaxed Assets in 2022

An analysis released Wednesday shows that in 2022, the wealthiest people in the United States collectively held a “staggering” $8.5 trillion in wealth that is not — and might never be — subject to taxation. Examining recently released data Federal Reserve data for 2022, Americans for Tax Fairness (ATF) found that the roughly 64,000 U.S. households with at least $100 million in wealth — less than 0.

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