You now need to make more than $500,000 a year to be in the 1% in America, new study shows — and that's the highest it's ever been

It's getting harder to join the 1% in America. You'd need to make at least $515,371 a year to be in the top 1% of taxpayers in 2017, the most recent year for which data is currently available, an analysis of Internal Revenue Service data by Bloomberg's Alexandre Tanzi and Ben Steverman found. That's 7.2% higher than the year before. No more recent data has been released, Bloomberg said.

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