Home > Uncategorized > The Top 1%: Executives, Doctors and Bankers – NYTimes.com

The Top 1%: Executives, Doctors and Bankers – NYTimes.com

September 6, 2012 Leave a comment Go to comments

The “99-percenters” protesting at Occupy Wall Street should think about occupying the C-suites across America as well, at least if their primary complaint is about income inequality.

CATHERINE RAMPELL

Dollars to doughnuts.

That is one implication of this fascinating paper on the occupations of the top 1 percent of Americans, which I came across via Mike Konczal. The paper is by Jon Bakija of Williams College, Adam Cole of the Treasury Department and Bradley T. Heim of Indiana University, and is based on tax data from 2005 (so, before the financial crisis).

It finds that about a third of Americans in that top percentile were executives, managers and supervisors who work outside of finance. The next biggest share, at 15.7 percent, went to medical professionals, followed by those in financial services with 13.9 percent.

via The Top 1%: Executives, Doctors and Bankers – NYTimes.com.

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