Friday, August 12, 2011

A Reminder about Income Inequality in the US

The overwhelming majority of American households make less than $100,000.
  • If you make $50,000 and, let's say your married, your spouse makes $50,000, then you make more than about 80% of American households (Census 2008).
  • If you make $75,000 and your spouse makes $75,000, then you are in the top 8% of income earning households in the US (Census 2008).
  • If you make $125,000 and your spouse makes $125,000, then you are in the top 2% of income earning households in the US (Census 2008).

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