This is "Cash money" ONLY.It doesn't count Bridge cards, rent/utilities discounts/free health insurance (Medicaid), and a big, growing everyday, list the left doesn't want you to know about.
And don't forget the free ObamaPhones!
Summary of Latest Federal Income Tax Data | Tax Foundation:
Table 7. Dollar Cut-Off, 1980-2011 (Minimum AGI for tax return to fall into various percentiles; thresholds not adjusted for inflation)
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Year
|
Top 1%
|
Top 5%
|
Top 10%
|
Top 25%
|
Top 50%
| |
1980
|
$80,580
|
$43,792
|
$35,070
|
$23,606
|
$12,936
| |
2011
|
$388,905
|
$167,728
|
$120,136
|
$70,492
|
$34,823
| |
Source: IRS
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