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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Replying to @porterthereport
@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.1 reply 0 retweets 0 likes -
Replying to @stephhodnett
@stephhodnett Aha. That makes more sense. So the top 95 percent make around $400,000 before taxes, as a family…..1 reply 0 retweets 1 like -
Replying to @porterthereport
@porterthereport Yes. Confused me first, too, but that's how I read it. Top 5%, you mean!1 reply 0 retweets 0 likes
Replying to @stephhodnett
@stephhodnett Right again. They call it 95th percentile though. Just to make sure thick readers like me are totally lost…
3:23 PM - 22 Apr 2014
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