We don’t generally measure post-tax (or “take-home”) income in economics discussions. Gross income is the preferred measure because it allows for a more like:like comparison.
We don’t generally measure post-tax (or “take-home”) income in economics discussions. Gross income is the preferred measure because it allows for a more like:like comparison.
Millionaire isn’t 1%. Everyone with a 401(k) in their 60s is one. It’s younger if you count assets like houses.
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