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Old 08-19-2004, 01:48 PM   #190 (permalink)
Kadath
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Location: Camazotz
Yeah, I use
Top 1 percent Adjusted Gross Income (AGI) break (TY 2002) [3,4] [P] $285,424

From this page as my "top 1%." It's 2002. The top 1% make about 10 times the median of 28,654.

Mikado, given that you placed yourself in the top 1% and considered 300K low, I can infer you pay yourself more than that. Perhaps it is on the order of 450,000 -- 10 times what you pay your secretary?

It's fine, even good that you provide jobs. My boss is like you, a small business owner who pays his employees pretty well and himself very, very well. That's his right, it's his business, and I don't have to work for him, but I don't feel bad that his taxes are 50% more than mine when he makes ten times what I do. He still nets six times what I gross.
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