2% of U.S. Households Earn $450,000/yr; 50% Only Earn $43,000 – Exactly Where Does Your Income Put YOU?
Visit wsj.com – HERE - to find their calculator which shows where your household income stands compared to others in the U.S.. $506,000 puts you in the top 1%; the much talked about $450,00 in the top 2%; $200,000 in the top 10% while an annual salary of $43,000 puts you in the top/bottom 50%. Where do you stand?
So says Phil Izzo in edited excerpts from his original post in The Wall Street Journal.
The above introduction by Lorimer Wilson, editor of www.FinancialArticleSummariesToday.com (A site for sore eyes and inquisitive minds) and www.munKNEE.com (Your Key to Making Money!), is an edited and abridged version of the original article for the sake of clarity and brevity to ensure a fast and easy read. Please note that this paragraph must be included in any article re-posting to avoid copyright infringement.
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There is a lot of debate these days about the extent at which the “rich” among us should be taxed. That is an argument that no one is going to win but the findings of a study comparing the tax rates of such individuals on a comparative basis by country is most enlightening. Take a look to see how your country’s tax rates on the “rich” compare with other countries. Some of you will read this article and be quite displeased while the majority of you should realize that you have nothing to complain about (relatively speaking, that is). Words: 455
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2013-01-03 15:17:01
Source: http://www.munknee.com/2012/12/this-calculator-shows-how-your-household-income-compares-with-others/
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