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Quintiles is a poor measure given the extremes of inequality. The Pareto distribution of income and wealth has folks in the top 10/1/.1/.01 percentiles with vas
by lumost 2y ago
Quintiles is a poor measure given the extremes of inequality. The Pareto distribution of income and wealth has folks in the top 10/1/.1/.01 percentiles with vastly different lifestyles compared to the other percentiles.
- rafram 2y agoSure, but an individual income in the top 20% ($130,000) is enough to be comfortable pretty much anywhere in the US.