Source of wealth

top one percent income distribution to 2013

Source: Emmanuel Saez, table A7

As of 2014, one would need at least $1.2 million to be in the top one percent. That group accounted for about 21 percent of all income realized in the U.S.

We see that the bulk of the rich’s income is in the form of wages (which includes stock options and pensions), followed by corporate profits (e.g., S-Corporations).

They have much to be thankful for.

real income growth 2009 to 2014