The top 0.01% in the USA

The top 0.01% of American workers—now some 15000—this year have incomes, including capital gains, of about 500 times the average. Typical incomes in America today, including capital gains and benefits, are perhaps 300 [dollars] a working day. The gulf between them and average income is large… Thus 15000 workers in the top 0.01% of income this year receive an average of 400,000 dollars a day.

https://www.bradford-delong.com/2019/06/eg-opinion-notes-on-excessive-wealth-disorder-the-new-york-times.html

Chris

Advertisement
This entry was posted in Finance, statistics and tagged , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.