Amazing glimpse into the sagging US middle class. But, explain how Americans at top make just "$58,600 after taxes"? http://nyti.ms/1juH6YE
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@porterthereport I think the number is divided among the total members of each house. So fam with 2 kids - that's 58k x 4 for total salary.
@stephhodnett Aha. That makes more sense. So the top 95 percent make around $400,000 before taxes, as a family…..
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@porterthereport Yes. Confused me first, too, but that's how I read it. Top 5%, you mean! -
@stephhodnett Right again. They call it 95th percentile though. Just to make sure thick readers like me are totally lost…
End of conversation
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