The top 1% of families in the income distribution receive most of their income from ________ income.

Question

Quizplus · Accepted Answer

According to various studies and reports, the top 1% of families in the income distribution receive the majority of their income from property, such as stocks, bonds, rental property, and other investments. They also tend to have a higher share of capital gains income, which is related to their investment income. While some of them may still earn income from labor or profit, property income is the primary contributor to their high income.

The Top 1% of Families in the Income Distribution Receive