[eliben]

Top 1% is (based on http://money.cnn.com/calculator/pf/income-rank/) >$400k / year income. The billionaires this article talks about are in much, much higher brackets - maybe something like top %0.01

* P.S. based on another source [https://www.washingtonpost.com/news/get-there/wp/2015/01/26/...], it's state-dependent and the highest I see is $678k in CT

[rubidium]

1% in journalism = the elite wealthy controlling banks, businesses and bureaucrats.