Just heard interesting fact...

Jace said:
93% of Americans earn less tham.$150,000 annually.
Click to expand...
I would imagine that's the same in the UK.... in fact ..I just looked it up...



Approximately 98% of Brits earn less than £150,000 per year. While the exact figure varies by data source and year, information from the Institute for Fiscal Studies and other publications suggests that earning around £160,000 to £200,000 annually is required to enter the top 1% of UK earners, indicating that well over 99% of the population earns less than £150,000.



Here's a breakdown of the data:
  • Top 1% Threshold:
    To be in the top 1% of income tax payers, a personal taxable income of at least £160,000 was needed. To be in the top 1% of all UK adults, a lower threshold of around £120,000 was the benchmark.
  • Top 1% Threshold (2022-23 Tax Year):
    For the 2022-23 tax year, a salary of at least £201,000 was needed to be in the top 1% of all taxpayers.

  • Conclusion:
    Given that the threshold for the very highest earners is in the £160,000 to £200,000+ range, it's clear that the vast majority of the UK population earns less than £150,000 annually.
 
Jace said:
93% of Americans earn less than $150,000 annually.
Click to expand...
If that's 150K U.S.D. I'm definitely one retired American that falls considerably short of that amount annually...if I'm doing my math right that would be an income of $12,500.00 U.S.D. per month.

Now I feel like a pauper....

pauper.jpg
 

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