Read? For the truly wealthy, it's not about big salaries
The results show a stark contrast
between the 1 percent and the rest. The population as a whole earns 64
percent of its expanded cash income from so-called "compensation,"
basically a paycheck from a company.
But the top 1 percent earns only 39 percent from compensation. It gets 24 percent from business income and 29 percent from investments.
The top 0.1 percent is even more reliant on investments, with 35 percent of their income from investments.
In other words, the richer you are, the more likely you'll make your money from investing or owning a business.
As Jared Bernstein of the Center on Budget and Policy Priorities points out, "Once you get up to the very top of the income scale ... you've got two-thirds of their income coming from nonlabor sources."
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