incomeinequality   3894

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"Let Me Tell You About The Very Rich. They Are Different From You And Me.” | Tax Policy Center
For the lowest 20 percent of households (those making $25,500 or less), labor income accounts for about half of all income and government transfers about one third. For nearly every other income group, 60 percent or more comes from wages, salaries, and employment-related benefits. This fraction declines and for the top 1 percent (those making $783,000 or more), their income is about equally split between capital and labor income. At the very top (the top 0.1 percent or those making $3.4 million or more), more than half of income comes from interest, dividends, and capital gains, while only one-quarter comes from wages and benefits.
Incomeinequality  wages  workrequirements 
march 2019 by brycecovert

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