4 ms·
It's my understanding that 170,000 per year is more than most managers will ever make in most parts of the country. However I can maybe see 170,000 making sens
by staticman2 6y ago
It's my understanding that 170,000 per year is more than most managers will ever make in most parts of the country. However I can maybe see 170,000 making sense if it's based on household income and a household may have two manager class employees making 90,000 a year.
That said i'm still having a hard time believing the claim that a large number of households will have top 5% earnings. I'd love to see a blog post or something along those lines contexualizing that journal article.
- bhupy 6y agoSure thing! I typically like to only link to primary source so as to avoid accusations of bias. Here are some articles that summarize the primary source: https://web.archive.org/web/20160327182251/https://taxfoundation.org/sites/default/files/docs/sr180.pdf https://web.archive.org/web/20160327182251/https://taxfounda... https://www.aei.org/carpe-diem/evidence-shows-significant-income-mobility-in-the-us-73-of-americans-were-in-the-top-20-for-at-least-a-year/ https://www.aei.org/carpe-diem/evidence-shows-significant-in...
- staticman2 6y agoThanks. That first link makes more modest claims than the second one. They also appear to use different methodology (surveys vs tax returns). I appreciate the different links.