Average isn’t even the number you should look at.

The median number is 34,000.

The median is lower than the average because the top earners earn more than a normal distribution.

What’s even more fun is that billionaires and top “earning” millionaires won’t even be on this list because they record $0 income. The average would be even higher with total earnings.

They make their money (or just support their life style) from moving around assets and selling assets which is not taxable income, it’s “capital gains”. And a lot of times shell companies are used to avoid taxable events. It’s all a big “legit” scam.

They get taxed but it is written down as a capital gains which is why they record $0 taxable income. Their actual income, pay from a company, is $0. They get stock options and other things, like leveraging assets to take loans to get liquid. So I’m just saying the average income doesn’t even include the billions they liquidate as capital gains. It would be skewed even worse.

Listen, I’m not a tax expert.

The point is the rich people have the ability to move money around to keep their taxable events as low as possible while poor people are subjugated to constant taxes because they have to interact with the economy to survive. Billionaires don’t have billions just sitting in an account but you better believe they probably have millions. They could sit without selling assets and allowing their companies to just work/grow.

“You make your money by working hard for a company, billionaires make money by you working hard for a company.”