According to google te median 2019 household income is $63k. And according to the CBO the median income of the middle quintile of households filing tax returns was $72k. That seems to disagree with your wsj link.
Households can contain multiple people filing separately. Did you mean only 40% of households or 40% of taxpayers?
Anyway, people getting Social Security should really mess with this calculation as someone could be making 150k, but up to 45k of that is from the government.
Anyway, people getting Social Security should really mess with this calculation as someone could be making 150k, but up to 45k of that is from the government.