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FLPanhandle

(7,107 posts) Wed Nov 18, 2015, 01:02 PM Nov 2015

What You'd Have to Make to Be in the Top 1% in Each State

http://mentalfloss.com/article/61362/what-youd-have-make-be-top-1-each-state

Today's map comes from the Economic Policy Institute. At one end of the spectrum, the 1% in Connecticut earns at least $677,608 per year. In Arkansas, the 1% threshold is $228,298.

3 replies

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Highlight:

What You'd Have to Make to Be in the Top 1% in Each State (Original Post) FLPanhandle Nov 2015 OP

Hey, I'm in the one percent! Orrex Nov 2015 #1

This should focus more on wealth than yearly income. LongTomH Nov 2015 #2

Income earners and wealth holders are not the same thing. WDIM Nov 2015 #3

Orrex

(63,216 posts)

1. Hey, I'm in the one percent!

Reply to FLPanhandle (Original post)

Wed Nov 18, 2015, 01:07 PM

Nov 2015

Oh, wait--I thought that said $35.5K.

Whoopsie!

LongTomH

(8,636 posts)

2. This should focus more on wealth than yearly income.

Reply to FLPanhandle (Original post)

Wed Nov 18, 2015, 01:11 PM

Nov 2015

The top 1% and 0.1% and above get most of their wealth from stocks and real estate, not earned income.

WDIM

(1,662 posts)

3. Income earners and wealth holders are not the same thing.

Reply to FLPanhandle (Original post)

Wed Nov 18, 2015, 01:16 PM

Nov 2015

How much wealth do you have to hoard to be in the 1% of wealth holders in each state that is the statistic that is important.

Even if i made $400,000 a year in income but it all went to debts and banksters and utilities etc then i am not part of the 1%. income and wealth are two different things.

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