Tuesday, April 08, 2014

The 0.1 percent is a USA phenomena

Today, President Obama signed an Executive Order to promote equal pay for women. When one realizes how far women are behind the wealth of men, it is understandable why they are still victimized by men who donate large sums of money to politics.


Now, this chart does not reveal the gender of the top 0.1 percent. However...

...this paper compiled the information regarding the 0.1 percent from tax forms and files. The statistics within that information is below. The statistics were not important to the discussion in the paper, they were simply reported as a matter of fact to provide comprehensive information.

The average age of the 0.1 percent is 46 years old. Ninety percent of that wealth level are men. Eighty percent are married. Less than half have children at home, but, 71 percent have other dependents.

They are more often Executives, Managers, Supervisors, Finance Agents and Lawyers. The percentages drop off drastically from there. The purpose of this paper was to determine where the money is most likely to go to enhance those seeking investments.

"Income and Job Growth of Top Earners and the Causes of Changing Income Inequality: Evidence from U.S. Tax Returns. (click here)

Women are more than 50 percent of the electorate in the USA. It is vital they get out to vote their OWN BEST INTERESTS because those that spend for political gain aren't women and they are buying their own best interests through the corruption of Congress.