Tag: wealthy
New IRS data show that 71% of US taxpayers who make it into the ‘Top 400’ are there for only a single year
January 24, 2017 | Post
The top or bottom 1/5/10% by income, just like the top or bottom income quintiles, are never the same people from year to year, because there is constant, dynamic turnover as we move up and down the income categories.
People Hate the Top One Percent. Here’s What’s Wrong With That
May 17, 2016 | Post
As I was walking around the waterfront in Vancouver, I noticed some beautiful yachts. I took a picture with the largest, dreaming about how nice it would be to have one of my own. After my walk, I returned to my hotel room, scrolled through the television channels, and stumbled across the show Secret Lives […]