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Title: This Is The Income Needed To Join The Top 1% In Every US State
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URL Source: https://www.zerohedge.com/personal- ... eded-join-top-1-every-us-state
Published: Dec 31, 2024
Author: Tyler Durden
Post Date: 2024-12-31 16:18:58 by Horse
Keywords: None
Views: 169
Comments: 1
What does it take to join the top 1% of income earners in America? Well, it depends on where you live. In some states, your annual income needs to crack $1 million to be among the state’s income elite—in others, it takes less than half of that to make the cut. This graphic, via Visual Capitalist's Bruno Venditti, illustrates the income needed to be in the top 1% of earners in each state. The data was compiled by SmartAsset as of June 2024. SmartAsset analyzed 2021 IRS data for individual tax filers. Figures were adjusted to June 2024 dollars using the Bureau of Labor Statistics’ Consumer Price Index for All Urban Consumers (CPI-U), U.S. city average series for all items, not seasonally adjusted. Key Takeaways Nationwide, it takes an income of $787,712 to be in the top 1% of earners. The median U.S. income is approximately $75,000, with half of Americans earning less. Earning over $1 million annually is required to join the top 1% in three states. Connecticut leads with the highest threshold at $1.2 million, followed by Massachusetts at $1.11 million, and California at $1.04 million. Meanwhile, in West Virginia, the threshold is almost a third of Connecticut’s at $420,000. On a global basis, the average salary to hit the top 1% is quite a bit lower: an annual salary of about $65,000 does the trick 
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The U.S. trade deficit widened to $102.9 billion in November. (We run perpetual trade deficits because we are over populated in terms of resources. Also because we do not control our foreign policy, Israel and the MIC does that. This trade deficit will eventually kill the dollar. Budget deficits will make that happen sooner rather than later) The Truth of 911 Shall Set You Free From The Lie
https://citizenwatchreport.com/the-u-s-trade-deficit- widened-to-102-9-billion-in-november/
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