Get all your news in one place.
100's of premium titles.
One app.
Start reading
GOBankingRates
GOBankingRates
Jennifer Taylor

I Asked ChatGPT What Would Happen if We Taxed Wealth Instead of Income — Here’s What It Said

nuttapong punna / Getty Images

Wealth disparity in the U.S. remains striking. As of the fourth quarter of 2024, the top 10% of U.S. households had an average net worth of $8.1 million — holding 67.2% of total household wealth, according to the Federal Reserve Bank of St. Louis.

Discover Next: I’m a Self-Made Millionaire: Here’s How I Use ChatGPT To Make a Lot of Money

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.