And lo on Mon, 14 Apr 2008 16:57:53 +0100, Darren New <dne### [at] sanrrcom>  
did spake, saying:

> Sherry Shaw wrote:
>> Impossibly low.  I've been acquainted with too many people who make  
>> that kind of money.  $364,657 is common-as-dirt doctor/lawyer income,  
>> not filthy rich.
>
> Huh. I think you're mistaken, but OK.
>
> So go and find more reputable numbers than the IRS. When the IRS says  
> "99%th percentile is $364K", and Sherry Shaw says "my gut feelin' is  
> a-tellin' me that's too low, and besides, my gout says it's a gonna  
> rain", I'll take the IRS's word for it.

To back you up for 2004, 0.6544% of returns earn more then $500,000 and  
2.9371% earn more then $200,000; so that top 1% point has to lie in the  
$200k-$500k bracket.

-- 
Phil Cook

--
I once tried to be apathetic, but I just couldn't be bothered
http://flipc.blogspot.com

Post a reply to this message