A Quantitative Analysis of Wealth Distribution in Japan

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1. In 1984, the estimated value of average holdings of household wealth (net worth) in Japan was 28 million yen ; 56% of it was the residential land holdings.2. In the same year, the estimated value of average household wealth in the United States was 101,900 dollars ; a little less than the above value of Japanese households.3. The average value of human capital in Japan in 1984 was estimated to be 130 million yen, 4.7 times as large as that of net worth.4. Those households of age 25-29 in Japan had 215 million yen human capital on average ; 68% of it (150 million yen) was lifetime wages.5. Increasing real estate tax with decreasing local income tax will reduce the burdens of workers' households in Japan ; While those who own huge amounts of real estate but earn not so highーlevel cash income will be forced to pay more.6. Which taxes more, social security contributions or consumption tax? For workers'households, the former will tax more on the whole.