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This is a list of the world's countries measuring the income of the richest one percent each (before taxes and transfers). The source of the data is the United Nations Development Programme , and refers to the latest available date. [ 1 ]
The main distinguishing feature of this class, which includes an estimated 1% of the population, is the source of income. While the vast majority of people and households derive their income from wages or salaries, those in the upper class derive their primary income from business profits, investments, and capital gains . [ 5 ]
The richest 1 percent of households held only 8.5% of total income in the late 18th century. The Gini coefficient , which measures inequality on a scale from 0 to 1(with 1 being very high inequality) was 0.367 in New England and the Middle Atlantic, as compared to 0.57 in Europe.
The top 1% of taxpayers — those who earn $561,351 or more — paid 42.3% of the total tax revenue collected in 2020, according to the latest figures from the IRS.
Alaska Minimum income needed to be considered 1%: 444,471 Average income of the 1%: $936,890 Average tax paid: $232,313 Average tax rate: 24.80%
In the United States, the definition of wealth can often seem skewed by the extravagant lifestyles of billionaires like Jeff Bezos. However, the reality of entering the top 1% of American wealth ...
A 2006 study found that the richest 2% own more than half of global household assets. [14] The Pareto distribution gives 52.8% owned by the upper 1%. According to the OECD in 2012 the top 0.6% of world population (consisting of adults with more than US$1 million in assets) or the 42 million richest people in the world held 39.3% of world wealth.
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