Quote:
Originally Posted by jyl
What is your definition of “of means”?
Compare to tax proposals.
If “person of means” denotes roughly the top 1.5% to 2.0% of income, then you’re right.
|
FYI here is a table of 2020 income percentiles.
https://dqydj.com/average-median-top-household-income-percentiles/#:~:text=Household%20Income%20Percentiles%20for%20 the%20United%20States%20in,%20%2014.83%25%20%2040% 20more%20rows%20
If your total household income is $350K/yr, you're about 98th percentile. $150K, about 83rd percentile. 50th percentile (median) is about $66K.
The US is a rich country with a hell of a lot of low-income people. About 25% of US households have income around $32K, or about $2,667/mo.