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From Business Insider; h/t Gin and Tacos.
Lisa Wade, PhD is an Associate Professor at Tulane University. She is the author of American Hookup, a book about college sexual culture; a textbook about gender; and a forthcoming introductory text: Terrible Magnificent Sociology. You can follow her on Twitter and Instagram.
Comments 5
Bill R — February 7, 2015
Oddly enough, just hitting the top 1% would not be enough money to enjoy a fairly high standard of living in the big cities in those states, especially if the earnings were W2-based and fully taxed. Such people would also have a difficult time becoming wealthy by saving and investing.
Chart of the Week: Earnings That Put Households in the 1% in Each State - Treat Them Better — February 9, 2015
[…] Chart of the Week: Earnings That Put Households in the 1% in Each State […]
Whitsey — February 9, 2015
Frankly, it's not enough!
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robert e — February 9, 2015
This is very misleading. When we talk about the 1% we mean wealth, but this chart shows household income. The publisher, in fact, warns us that the data comes from a single voluntary survey and refers us to a more accurate (and quite dismaying) report based on tax records: http://gabriel-zucman.eu/files/SaezZucman2014Slides.pdf
mograph — February 14, 2015
I'd like to see if these income levels are sufficient enough to exert influence on politicians or the political process.
Again, definition of terms is necessary: when we speak of "the 1%" do we speak of those wealthy individuals who can influence politics with money, or are we speaking of the top 1% of income earners in a specified region?
... but arguing over this definition just distracts from the real issues and preserves the status quo. Proceed carefully, citizens.