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How much income makes you 'rich'? $150,000, Americans tell pollster
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December 10, 2011, 02:13 PM
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News How much income makes you 'rich'? $150,000, Americans tell pollster
Daily Kos Wrote:This Gallup poll asking people how much they would have to earn to be rich is kind of like a Rorschach test. What you see in it will be overwhelmingly dependent on your own place on our unequal income scale and class background. It's a reminder of how steeply incomes shoot up at the top end and how many people are crowded at the bottom end. The median individual income in this country, let's not forget, is $26,400, so the $60,000 that 18 percent of Gallup's respondents said would be enough to be rich is more than double the median. The $150,000 a year that was the median to be rich in this survey wouldn't put you in the top 1 percent—but it would put you in the top 2.5 percent.

It's a reminder that talking about taxing "the rich" may make people think of very different things if we don't specify just who counts as rich; the hypothetical individual making $150,000 may be the median considered rich in this poll, but unless he or she is married to someone making at least $100,000, it's [...]

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