January 05, 2012

I Suspected As Much...

I wondered aloud recently whether we (i.e. Americans) weren't all the 1%, especially by historical standards. But even by current standards many of us are:
It only takes $34,000 a year, after taxes, to be among the richest 1% in the world. That's for each person living under the same roof, including children. (So a family of four, for example, needs to make $136,000.)

1 comment:

William Luse said...

It only takes $34,000 a year, after taxes, to be among the richest 1% in the world.

Doesn't that sort of take away the Occupiers reason for existing?