Rich Get Richer: Number Of U.S. Millionaires Soars 41%
View Source | October 3, 2022 2:26 pm
- The number of Americans reporting more than $1 million in income is up this year by a whopping 41 percent, new IRS figures show.
- The agency said it processed 387,840 returns showing seven-figure incomes by mid-July, compared with 274,879 during the same time last year.
- The increase, outstripping gains seen further down the income ladder, appears to be fueled in part by the run up last year on Wall Street.
Click to read full article
Go back home
Share This Article: