Originally Posted by
hockeypilot44
Top 1 percent floor is $819,000 per year
Top 5 percent floor is $336,000 per year
Top 10 percent is $168,000 per year
$240k falls somewhere between 5 and 10 percent. Not 2 percent. Things have changed due to Covid and not having a POTUS. Your information is outdated. Minimum wage is $20 per hour in some states. 2 workers making minimum wage top $80,000 per year these days. That’s the floor for 2 full-time workers.
Ok, fine. I guess my Google-fu found an outdated WSJ calculator.
My point remains, while I would agree with you that $20k/month definitely
ain't what it used to be, $240k/year is still a lot of money.