Friday, November 4, 2011

Who are the top 1%?

Most of the top 1% do not make millions of dollars[CNN]
  • Just under 1.4 million households that qualified for entry. 
  • They earned nearly 17% of the nation's income. 
  • They paid roughly 37% of its income tax.
  • Collectively, their adjusted gross income was $1.3 trillion. 
  • $343,927 was the minimum AGI to be included. 
  • On average, Top 1-percenters made $960,000.

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