Top 1% = $480,930 (AGI)
click
for ginormous graphic
Source: Bloomberg
This is quite intriguing:
What does it take to get into the 1 percent? The price of
admission is an adjusted gross income — basically, what you make before
deductions — of $480,930.
That’s
according to the latest Winter 2018 edition of
the Internal Revenue Service’s Statistics of Income Bulletin, which shows that
the number of that elite group hit about 1.4 million in 2015, continuing its
steady growth since 2009. Back then, you could have gotten into this bunch with
an AGI of $350,000, its Great Recession low, but it’s been climbing ever since.
Note this is looking at salary, e.g., Adjusted
Gross Income, not holdings, real property, portfolio, etc. Lots of the top 1%
and especially the top 0.01% have no salary at all . . .
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