The Occupy Wall Street protesters say they speak for the 99 percent of the population left out of the gains made in recent decades by the super rich. “The one thing we all have in common is that we are the 99% that will no longer tolerate the greed and corruption of the 1%,” a website affiliated with the protests declares.
But that’s a big group, encompassing a vast range of incomes. So where do you fit in? The Wall Street Journal has posted a nifty calculator that allows you to enter your household income and find out.To land in the top 1 percent, you need to make over $506,000. And to be in the bottom 1 percent, you’d need to somehow survive on $2,500 a year. And if you take in $43,000, you’re bang in the middle.Of course, the calculator doesn’t consider existing wealth. Nor does it account for differences in living costs in different parts of the country. Still, it’s a good general guide. Relative to other Americans, you may be doing better — or worse! — than you thought.
- Money talks, 99% walks (chunhoc.wordpress.com)
- Occupy Wall Street: origins of the movement (occupyblogosphere.wordpress.com)
- 10 Things About Occupy Wall Street You Need To Know (collegecandy.com)