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Caliman73

(11,767 posts)
4. What would you suggest as the threshold?
Thu Aug 5, 2021, 12:33 PM
Aug 2021

A person making 400,000 a year, with a modicum of restraint in spending, can accumulate a million dollars within a pretty short amount of time. After that, with investments, they can have their money start to earn them money and move off into a lower tax rate for investors. If you earn over 400,000 per year you are in the top 2% of wealth in the US.

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