4 ms·
No source but I read an article that agreed with your idea. A surprisingly large percentage of people were in the upper income range (iirc it was top 5% or so)
by runamok 9y ago
No source but I read an article that agreed with your idea. A surprisingly large percentage of people were in the upper income range (iirc it was top 5% or so) for at least one year though it could also be due to a windfall like inheritance, insurance claim, sale of a business, etc. On mobile but will try to add source later.
- ryandrake 9y agoI suppose the question is open to interpretation. When asked, “will you one day be among the top 1%?” some people might think, one year out of my 70 on earth, I will sell my house for $400k and therefore for a brief moment be among the 1%, so I should answer Yes. I’d expect that most people think of “being among the top 1%” as a more persistent class change. What’s most amusing to me are the 19% who think they are currently among the top 1%. That’s just math fail.