Who Are The Top 1 Percent?



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ABC News broke down IRS tax data to provide some facts on the top one percent of income earners in the United States. The Young Turks host Cenk Uygur shares the results.

Canal: News & Politics
Subido: 16/10/11 a las 7:32 pm
Autor: The Young Turks

Duración: 05:32
Valoración: 4.8117194
Vistas: 44901


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Shackle ferd (el 21/01/14 a las 3:21 am)
A86 (el 22/11/11 a las 2:18 am)
@burgrman - If a trader doesn't make $380k/year then he's not part of the 1%. That would make him part of the top 5% or so if he makes less than that amount. "They don't all make money every time they step into the way most folks do" Yes, but usually they have more savings than the average folk. That phrase "paycheck-to-paycheck" really does describe most Americans pretty well because if the average non-rich person got laid off they wouldn't have enough savings to last more than a few months.
A86 (el 05/11/12 a las 5:11 am)
end up homeless if they are laid off or if the business fails. Most of the time the guys at the top can walk away still having a nice nest egg if the company goes under. The people on the bottom are the ones who will be poor or homeless a few months after the job ends if they don't find another one and are usually the ones to take most of the blame if things don't work out with projects. "Employees are one part in the machine" Yes, the most important part. Without them there is no company.
burgrman (el 22/11/11 a las 2:08 am)
@A86 I'm not a trader but I have worked on trading floors and I can tell you have a Hollywood-type of image about traders. He says that the 1% makes ~$380,000 or more. Some traders don't even make 380k. Some lose their money more than make it some years because of risks. They don't all make money every time they step into the way most folks do. I know I am salaried and I am guaranteed a check as long as I'm employed. Take that into account when you speak of how overpaid a trader is.
s9z9s (el 05/11/12 a las 5:32 am)
One third of homeowners have no mortgage, and many rent as well. And you WORK because nothing is FREE. No one is forcing you to enter into any one contract, but you can't expect to survive if you lie on your back all day. If banks make overly risky bets and waste money, I HOPE they go under. I completely oppose Obunghole's banker bailouts. As for golden parachutes, companies compete to get the best executives and CEOs. That doesn't mean that they profit most if their business fails, au contraire
vegaskidd (el 03/02/13 a las 12:02 pm)
He fails to mention the gov spends more money than any private entity , thats the difference, obama spent a trillion as someone that has not investment experience.
s9z9s (el 05/11/12 a las 4:31 am)
Excuse me? Other people's money? Do you know what a "contract" is? That's called a "voluntary arrangement."
SuperKnowledgeSponge (el 01/08/12 a las 7:52 am)
I bet that these bankers came from elite schools, growing up thinking that the world owes them a living. Yet and yet, these people have the most influence over government policies. How disgusting.
A86 (el 15/01/13 a las 3:14 am)
"once there is a corrupt law or the possibility to establish one, it will always be exploited" And I agree. While I know this will always happen due to human nature that still doesn't make the culprits any less culpable IMO. In Nazi Germany it was legal to murder minorities but IMO that doesn't take away any guilt from people who did just that just because it was legal. Most humans still have a hard-wired sense of ethics and know right and wrong. In my eyes the govt and corps are both guilty.
bastibip (el 15/01/13 a las 3:15 am)
executives can only persuade the board, they can't force the board to do anything just like you can't force the manager to do anything, but you can also persuade the manager. And if the manager is a buddy of yours he could also favour you cause of your connections. there aren't that many occurrences of execs bribing the board, but when it occurs it's always a big deal and in the news. However it doesn't make the news if you try to bribe your supervisor.

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