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by andscoop 1273 days ago
1% in 2018 tax year was $540,009 [1]. We have NOT seen ~60% inflation since then. I hope you are joking, it isn't obvious at all. If you're not, please site your reasoning / sources.

[1]: https://www.irs.gov/statistics/soi-tax-stats-tax-stats-at-a-...

3 comments

And that comes from the distributional financial accounts

https://www.federalreserve.gov/releases/z1/dataviz/dfa/index...

And also, IRS is adjusted gross income, not income.
Households, not people