$1M is the new “middle class”Fuelman » 27 Jan 2025, 3:44 pm » wrote: ↑ People that were paying attention at the time (they had a whole year) and had the means didn't get hurt near as much by the SALT cap.
They keep moving the goal posts on the wealth thing.
https://www.newtraderu.com/2025/01/26/a ... y-in-2025/
of recent data, to be considered among the top 1% of wealthy Americans, you would need a net worth of approximately $11.6 million. This figure starkly contrasts with the national average, highlighting the significant wealth disparity in the United States.
Moving down the percentiles, the top 2% threshold is about $2.7 million, while the top 5% begins at $1.17 million. The top 10% of wealthy Americans have a net worth starting at $970,900.