2 ms·

For context, in my country, to be in the 1%, you only have to earn ~5x the median salary (a bit less, actually). Whether you consider this "rich", it's a lot,

by Yoric 5y ago

For context, in my country, to be in the 1%, you only have to earn ~5x the median salary (a bit less, actually). Whether you consider this "rich", it's a lot, but not enough to enable you to make much of a difference in the big scheme of taxes.

AlexTWithBeard 5y ago
About the same thing for USA: $70k is median household income, $300k is top 5% threshold. Give or take.