Reply to Ok can we stop saying $300k is "rich" in DC?

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Reply to "Ok can we stop saying $300k is "rich" in DC?"

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Not since just before the Great Depression has the income gap between rich and poor Americans been so vast. [b]The top 1 percent of U.S. families has an income, on average, $1,153,293 a year — about 25 times the $45,567 earned on average by the rest of American families.[/b]

Those numbers are from a report, “Income Inequality in the U.S. by State, Metropolitan Area, and County,” by the Economic Policy Institute. EPI, a nonpartisan think tank, examined state-level tax data from 1917 through 2013 (the latest year available) to report the gap, the earnings and the trends in every state.

Overall, the top 1 percent of earners took home 20.1 percent of all income in the U.S. in 2013.

Virginia: $987,607 per year

Maryland: $1,024,110 per year

https://www.moneytalksnews.com/slideshows/what-the-richest-1-percent-earns-every-state/

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The rich are getting richer and leaving us all behind in the dust and [b]instead of doing something about THAT[/b], we fight with each other.[/quote]

I am not even close to 1% but I am okay with rich getting richer as long as they earned it lawful way. What are you proposing we do? [/quote]

Add more tax brackets?????[/quote]

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