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You should go look at current statistics. $250k does not put in in the 1% you need to make closer to $380k to breach that mark. Doctors work in an industry w
by pmorici 11y ago
You should go look at current statistics. $250k does not put in in the 1% you need to make closer to $380k to breach that mark.
Doctors work in an industry where compensation is strongly influenced by government policy. The government is the largest single payer for healthcare services due to Medicare and Medicaid which makeup roughly 40% of heath care costs in the US. The AMA lobbies the government heavily to ensure favorable rates on procedures paid for by those programs and thus ensures a high income for their members. So in the sense that a lot of their economic prosperity is derived from their political influence they aren't all that different from any other wealthy person who lobbies the government for tax breaks and other economic advantages.
- jessriedel 11y agoThat's $380k household income. A large fraction of the folks making $250k have spouses making at least $130k, so I don't think the grandparent is particularly wrong.
- pmorici 11y agoWhen you talk about tax policy that generally applies to households not incomes from individual jobs.
- Alex3917 11y agoRight, and per capita income doesn't make sense to use as a metric... Unless you think infants are oppressed due to having high unemployment or whatever. (Since per capita income includes infants, retirees, etc.)