If this is your idea of the "1%", prepare to be disappointed. It's more like the 0.001% - a few thousand people in the US. In California, one of the top income

If this is your idea of the "1%", prepare to be disappointed. It's more like the 0.001% - a few thousand people in the US. In California, one of the top income states in the US, the top 1% of households grossed $500k+ [1], which is about $250k after taxes (admittedly this is at the low end). This is nice house, nice cars, good schools for kids, and occasional first class trips abroad money, yes, but not yachts and private jets money. [1] http://www.sacbee.com/site-services/databases/article9349178.html http://www.sacbee.com/site-services/databases/article9349178...