The picture becomes more complicated when analysts try to match tax returns to individuals or households. “Are you talking families or are you talking single people?” said Jason Escamilla
And who earns what levels of income is a shifting measurement. “The top 1% changes every year,” Escamilla said. “...people have sold their business because they’re retiring.”
So what appears like a massive income might be the one-time sale of a life-long business.