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Yeah, still not gonna believe some rando with no data. Let's look at 2017. Approx 143M people pay income tax [1]. Incomes above 500k are less than .8% of all

Yeah, still not gonna believe some rando with no data. Let's look at 2017. Approx 143M people pay income tax [1]. Incomes above 500k are less than .8% of all incomes. [2] That puts the number to work from at ~1M people. There are >1M doctors in the US [3]. There are >1M lawyers in the US [4]. Those are top earners, excluding stock traders and investors. That will eat up the majority of the 1M people. Anecdotally, I've worked in tech for 30 years and have been at dozens of companies and only the top handful fellows and principles make >500k and that is with thinks like deferred compensation and options. So basically, unless you can show me some data, I don't buy your claims. [1] https://www.reference.com/world-view/many-u-s-taxpayers-d77a9265390f4bdb https://www.reference.com/world-view/many-u-s-taxpayers-d77a... [2] https://www.cbo.gov/system/files/2020-10/56575-Household-Income.pdf https://www.cbo.gov/system/files/2020-10/56575-Household-Inc... [3] https://www.statista.com/topics/1244/physicians/ https://www.statista.com/topics/1244/physicians/ [4] https://www.statista.com/statistics/740222/number-of-lawyers-us/ https://www.statista.com/statistics/740222/number-of-lawyers...

opportune 6y ago
Check out levels.fyi or blind or the many people here making that much. I didn’t mean to imply that all the engineers at those companies are making $500k although with 10-20 yoe you would probably be making about that much. Also similarly to engineers, definitely not all lawyers or doctors are earning in that range either. I’m not invested enough in proving the point to find better data (h1bdata is a good start, but IIRC it only includes salary) but as someone who works at one of those companies I can tell you many people I work with are making $500k or more especially with RSU appreciation.

opportune 6y ago

Check out levels.fyi or blind or the many people here making that much. I didn’t mean to imply that all the engineers at those companies are making $500k although with 10-20 yoe you would probably be making about that much. Also similarly to engineers, definitely not all lawyers or doctors are earning in that range either. I’m not invested enough in proving the point to find better data (h1bdata is a good start, but IIRC it only includes salary) but as someone who works at one of those companies I can tell you many people I work with are making $500k or more especially with RSU appreciation.