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Thanks. I'm not sure either. It's my impression that most people, maybe not on HN, but most people, think of the "top 1%" as people who make absurd amounts of m
by malyk 12y ago
Thanks. I'm not sure either. It's my impression that most people, maybe not on HN, but most people, think of the "top 1%" as people who make absurd amounts of money. But the reality is that it "only" takes $383,000 to be in the top 1% of earners. It's dishonest to present the stats about how many people make it into the top percentiles for at least a year without stating what those percentiles are.
- nrao123 12y agoMalyk Your earlier comment about the income level brackets was fantastic! That helped better understand the issue. Not sure why your comment was downvoted!! Th