Quick Question: What percentage of Americans do you think has your income level?
I believe that most Americans do not understand the breakdown of income in this country. So here is a nice chart to help you understand how poor most Americans are. (Shoutout to Danny for the basic info and the IRS for making this information public.)
Source: IRS Income Tax Statistics
Data - 130,076,445 Total income tax returns from 2002
| Gross Income | Americans | % of Population |
| $1 - $50,000 | 92,594,960 | 71.185% |
| $50,000 - $75,000 | 17,396,916 | 13.374% |
| $75,000 - $100,000 | 9,247,839 | 7.110% |
| $100,000 - $200,000 | 8,422,603 | 6.475% |
| $200,000 - $500,000 | 1,908,466 | 1.467% |
| $500,000 - $1,000,000 | 336,684 | 0.259% |
| $1,000,000 - $1,500,000 | 78,121 | 0.060% |
| $1,500,000 - $2,000,000 | 31,316 | 0.024% |
| $2,000,000 - $5,000,000 | 44,205 | 0.034% |
| $5,000,000 - $10,000,000 | 10,026 | 0.008% |
| $10,000,000 + | 5,309 | 0.004% |
3 Comments
wow! we are poor
You need to update your numbers. See: http://pubdb3.census.gov/macro/032008/hhinc/new01_001.htm
What p-e-r-c-e-n-t-a-g-e of U.S. taxes are paid by the 5,309 Americans (0.004%) in the $100,000,000 tax bracket ?????
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[...] is an update to my post previously about income in the United States. Based on 111,617,402 households in the US as of [...]
[...] is an update to my post previously about income in the United States. Based on 111,617,402 households in the US as of [...]