4 ms·
1% in 2018 tax year was $540,009 [1]. We have NOT seen ~60% inflation since then. I hope you are joking, it isn't obvious at all. If you're not, please site you
by andscoop 4y ago
1% in 2018 tax year was $540,009 [1]. We have NOT seen ~60% inflation since then. I hope you are joking, it isn't obvious at all. If you're not, please site your reasoning / sources.
[1]: https://www.irs.gov/statistics/soi-tax-stats-tax-stats-at-a-glance https://www.irs.gov/statistics/soi-tax-stats-tax-stats-at-a-...
- TradingPlaces 4y agoAnd that comes from the distributional financial accounts https://www.federalreserve.gov/releases/z1/dataviz/dfa/index.html https://www.federalreserve.gov/releases/z1/dataviz/dfa/index...
- TradingPlaces 4y agoHouseholds, not people
- TradingPlaces 4y agoAnd also, IRS is adjusted gross income, not income.