From the IRS website for Tax Year 2001:
Top 1 percent Adjusted Gross Income - $292,913
Top 10 percent AGI - $92,754
Bottom 10 percent AGI break - $5,121
Median AGI - $28,117
When Kerry talks about restoring the 2000 tax rates on those earning $200,000 or more, he's talking about the top 2% of the population.
Most Americans with professional jobs substantially overestimate the wealth of their fellow Americans.
Tuesday, April 27, 2004
Tax Portrait of USA
Posted by The Law Talking Guy at 10:57 AM
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