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[citation][nom]guardianangel42[/nom]250 times? 250 times? Really? I had no idea the average american earns only $1600 a year.The top 1%, contrary to conventional wisdom, aren't the multi-millionares and billionares. The top 1% are the doctors, lawyers, and engineers that earn $400,000 a year. The top tenth of a percent are those high rolling top earners that everyone hates.Just some friendly fact-checking for you.[/citation]

post tax and after nessassities to live... i wouldn't doubt it if a very large % make less than 1600$ to do with what ever they want a year.
 
[citation][nom]alidan[/nom]post tax and after nessassities to live... i wouldn't doubt it if a very large % make less than 1600$ to do with what ever they want a year.[/citation]

Either you were exaggerating how high taxes are(which I agree with), or you are being serious and are very bad at math. The average household income in America is $50,000. The average income taxes on this income federal and state combined are about 20%. That leaves you with $40,000. Now, there are also property taxes if you own, and sales taxes on a lot of things that you buy, but the Average American household pays around $15,000 total in taxes and lives off of the $35,000.

As far as the "nessassities to live", the items that are claimed needs are very debatable. I am sure we can all agree that some place to sleep and food are needed. The cost of those two can vary between $8,000 a year if you are trying to live extremely cheap, to virtually any number. (I make $50k a year and I spend around $22k a year on food and housing.)

However, there are a lot of other things people see as necessary that are not. Health insurance is not a need. A vehicle and gas are not needs. TV and Computers are not needs. These are not necessary to live or function in society.
 
[citation][nom]guardianangel42[/nom]250 times? 250 times? Really? I had no idea the average american earns only $1600 a year.The top 1%, contrary to conventional wisdom, aren't the multi-millionares and billionares. The top 1% are the doctors, lawyers, and engineers that earn $400,000 a year. The top tenth of a percent are those high rolling top earners that everyone hates.Just some friendly fact-checking for you.[/citation]

You clearly don't understand the meaning of the word "average". $400,000 is where the "top 1%" STARTS. If the earnings in that category go up significantly from there (they do) that means the average of that category is going to be higher. Since the ceiling isn't any fixed number, you can bet it's much higher. But go ahead with your smug intellectual nonsense. This is fun.

Here is some actual food for thought, instead of your baseless conjecture and poor grasp of math: "The Economic Policy Institute researchers found that in 2009 the wealthiest 1 percent of U.S. households had net worth that was 225 times greater than the typical median household's net worth." Net worth is different from income, but paints a clearer picture of how "well off" someone is.
 
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