That's interesting. I was referring to 1% w.r.t. the USA, where the cutoff is actually ~250 k after taxes and adding back transfers. http://www.economist.com/no

That's interesting. I was referring to 1% w.r.t. the USA, where the cutoff is actually ~250 k after taxes and adding back transfers. http://www.economist.com/node/21543178 http://www.economist.com/node/21543178 Really brings to light how bad global inequality really is! So through a US lens, I'm guessing a certain percentage of HN readers who work in senior positions in the valley or NYC would be 1%, and of course a random assortment of other readers, but the vast majority of software engineers etc. would NOT be 1% on a single income.