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  2. American upper class - Wikipedia

    en.wikipedia.org/wiki/American_upper_class

    However, sociologists argue that all members of the upper class have great wealth and influence, and derive most of their income from assets rather than income. [4] In 1998, Bob Herbert of The New York Times referred to modern American plutocrats as "The Donor Class", referring to political donations.

  3. Are you rich enough to be in the top 1%? Here’s how much ...

    www.aol.com/finance/income-wealth-put-top-1...

    Category. Total cohort wealth (share) Wealth per household. Average wealth. $154.39 trillion (100 percent) $1.17 million. Average wealth of bottom 50 percent

  4. Progressivity in United States income tax - Wikipedia

    en.wikipedia.org/wiki/Progressivity_in_United...

    As of 2010, 68.8% of Federal individual tax receipts including payroll taxes, were paid by the top 20% of taxpayers by income group. The top 1% paid 24.2% whereas the bottom 20% paid 0.4% due to deductions and the Earned income tax credit. With 2013 tax law changes, the top 1% will pay an even larger share. [1]

  5. Income inequality in the United States - Wikipedia

    en.wikipedia.org/wiki/Income_inequality_in_the...

    However, the top 1% income fell from 2007 to 2016, due to both the Great Recession and tax hikes on upper incomes during the Obama Administration. [2] [36] Share of U.S. income earned by top 1% households in 1979 (blue), 2007 (orange), and 2016 (green) (CBO data). The first date 1979 reflects the more egalitarian pre-1980 period, 2007 was the ...

  6. What's the Income of the Top 10%, 5%, and 1%? - AOL

    www.aol.com/whats-income-top-10-5-120037015.html

    Top 10%: $248,610. Top 5%: $390,209. Top 1%: $1,199,812. As you can see, you need an income well over three times the national average to crack the top 10%. It takes another $140,000 on top of ...

  7. Wealth inequality in the United States - Wikipedia

    en.wikipedia.org/wiki/Wealth_inequality_in_the...

    Average and median household income by age group. In 2007, the top 20% of the wealthiest Americans possessed 80% of all financial assets. [14] In 2007, the richest 1% of the American population owned 35% of the country's total wealth, and the next 19% owned 51%.

  8. Many in America’s top 10% still feel ‘very poor’ but ...

    www.aol.com/finance/many-america-top-10-still...

    Many in America’s top 10% still feel ‘very poor’ but billionaire Warren Buffett says most folks ‘live better than John D Rockefeller' — 3 tips to create real wealth with the income you ...

  9. Affluence in the United States - Wikipedia

    en.wikipedia.org/wiki/Affluence_in_the_United_States

    During the same time period, the 60% of Americans in the middle of the income scale saw their income rise by 40%. From 1992 to 2007 the top 400 income earners in the U.S. saw their income increase 392% and their average tax rate reduced by 37%. [33] In 2009, the average income of the top 1% was $960,000 with a minimum income of $343,927. [34 ...