I've been getting some mail from people insisting that a corporate tax cut helps ordinary families, because half the population owns stock. And it's true that many people own stock indirectly via their retirement accounts. But how much? Here's the distribution of ownership

I've been getting some mail from people insisting that a corporate tax cut helps ordinary families, because half the population owns stock. And it's true that many people own stock indirectly via their retirement accounts. But how much? Here's the distribution of ownership: pic.twitter.com/WWUoNJ8Ace

— Paul Krugman (@paulkrugman) December 19, 2017