Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Gamecock
Josh Bivens, research director at the Economic Policy Institute, a progressive think tank,
said the findings relate to the growing gap between the rich and poor, and middle class and everyone else.
The average annual income of America’s top 1% was $1.8 million in 2015, Bivens noted LIED.
That was a far cry from the $100,000 a year deemed rich in the survey he said.

I have never seen $1.8 million listed anywhere (including IRS stats.)
Always somewhere around $350K

17 posted on 01/27/2019 5:59:07 AM PST by mountn man (The Pleasure You Get From Life, Is Equal To The Attitude You Put Into It)
[ Post Reply | Private Reply | To 1 | View Replies ]


To: mountn man

The $400k or so is the minimum needed to be in the top 1%. The average income of those in that category is indeed several million:

https://www.cnbc.com/2018/07/27/how-much-you-have-to-earn-to-be-in-the-top-1percent-in-every-us-state.html


64 posted on 01/27/2019 8:08:51 AM PST by jjotto (Next week, BOOM!, for sure!)
[ Post Reply | Private Reply | To 17 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson