Re:One-Percenters Close to Surpassing Wealth of U.S. Middle ...
by TheDong on Saturday November 09, 2019 @01:17PM
(#21493164)
High income doesn't mean upper class as much as a large amount of wealth does.
There are many people who have modest incomes, but high wealth. Those people are upper class.
On the other hand, there are a small number of people with high income, but who have a lot of drains on their money (support a large family, donate a lot), and who I would not consider upper class because they do not have a large amount of wealth
There are many people who have modest incomes, but high wealth. Those people are upper class.
On the other hand, there are a small number of people with high income, but who have a lot of drains on their money (support a large family, donate a lot), and who I would not consider upper class because they do not have a large amount of wealth