Who Are The Top Income Earners in America

Who Are The Top Income Earners in America

Based on the Internal Revenue Service’s database, Financial Samurai write an excellent article about how much the top income earners make. To be the 1% one needs to make $380,354, and to be in top 5%, it is $159,619. To be above 50%, one only needs to earn around $33,000 per year. While it’s the trend to complain about the top 1% of tax payers, but they pay nearly 38% of all the income taxes. If you earn less than $33,000, you can join the above-average income earners by moving to high-tech locations where the average salary is way above average. You can also try to work more than 40 hours a week and to upgrade your skills constantly in order to get ahead. After all, there are still many six-figure jobs available in the market.

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