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I interpret the article's tone as more of: > Let's be precise. The actual 1% are not the ultra-wealthy, they're doctors, senior SV engineers, and regional Vice
by B-Con 5y ago
I interpret the article's tone as more of:
> Let's be precise. The actual 1% are not the ultra-wealthy, they're doctors, senior SV engineers, and regional Vice Presidents. That's not who people are protesting wall street about.
- burkaman 5y agoAre doctors and senior engineers making 1.4 million per year? I know Google pays well but I don't think it's quite that much. I don't know anything about regional vice presidents, but I think you need to be a really unusually successful doctor or engineer to make this kind of money. Like, top 1%.
- deleted 5y ago[deleted]
- alasdair_ 5y agoTwo of them in a household? Yes, quite likely. Also, why are you talking about 1.4 million? The article claims “The threshold for membership in the 1 percent in 2014 was an annual household income of $386,000, excluding any capital gains,” $386k total comp is definitely Google-engineer range.
- muro 5y agoWhy is it always Google-engineer? Does Google pay better than FB, Amazon, Apple and Microsoft? Apple and Microsoft do better as companies, IIRC, do they still pay less? Or do Google engineers brag more?
- deleted 5y ago[deleted]
- burkaman 5y ago1.4 million is the average income of the 1% (according to the article), not the threshold.
- B-Con 5y agoFTA, 1% threshold for income is 400k-ish.