3 ms·
> Over 10% of the country will be in the top 1% of earners at some point in their life Though most of them only for one year due to temporary revenue, so it's
by cbolton 18d ago
> Over 10% of the country will be in the top 1% of earners at some point in their life
Though most of them only for one year due to temporary revenue, so it's not that rational.
- rayiner 18d agoAt peak career ages, the 75th percentile household income is almost $200k and the 90th percentile is almost $300k. That’s exactly the range you need to tax. Across all ages, households earning between $150k and $800k earn half of all income—$7 trillion.