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  2. Poverty threshold - Wikipedia

    en.wikipedia.org/wiki/Poverty_threshold

    A variation on the LICOP's Living Income is the Massachusetts Institute of Technology's Living Wage Calculator, which compares the local minimum wage to the amount of money needed to cover expenses beyond what is needed to merely survive across the United States. [56]

  3. What Do the Richest 1% Really Pay in Taxes? - AOL

    www.aol.com/finance/richest-1-really-pay-taxes...

    Income needed to make the top 1%: $588,575 If the new proposed tax plan is passed into law, those who earn more than $1 million a year will pay 10.75% in state income taxes, as opposed to the 8.97 ...

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

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

    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 that to make the top 5%. And the 1% is making beaucoup bucks.

  5. 6 factors that affect how much income tax you pay - AOL

    www.aol.com/finance/2016-01-05-6-factors-that...

    The amount of taxable income you have determines what your tax bill will be. Marginal tax rates determine how taxable income is taxed and those who pay income taxes are divided up into different ...

  6. Labor theory of value - Wikipedia

    en.wikipedia.org/wiki/Labor_theory_of_value

    The labor theory of value (LTV) is a theory of value that argues that the exchange value of a good or service is determined by the total amount of "socially necessary labor" required to produce it. The contrasting system is typically known as the subjective theory of value .

  7. Basic needs - Wikipedia

    en.wikipedia.org/wiki/Basic_needs

    The poverty line is then defined as the amount of income required to satisfy the needs of the people. The "basic needs" approach was introduced by the International Labour Organization's World Employment Conference in 1976.

  8. You need to make $108,000 to afford a home in America - AOL

    www.aol.com/108-000-afford-home-america...

    A household needed to earn $107,700 to afford a new single-family home and pay property taxes and insurance costs in the third quarter of this year, according to a new report from Oxford Economics ...

  9. Compensation and benefits - Wikipedia

    en.wikipedia.org/wiki/Compensation_and_benefits

    Base Salary or Guaranteed Pay – a fixed monetary reward paid by an employer to an employee. This refers to the regular amount of money that an employee receives consistently. The basic salary, often referred to as the base or fixed salary, is the set amount that an employee receives for their standard work.