Jul 14, 2003
The IRS reported that the country's 400 richest taxpayers had income in the year 2000 totaling about 70 billion dollars – which is a seven followed by 10 zeroes!
To get an idea of what these 400 people got in one year, that 70 billion dollars was about equal to the revenues of the entire state of Texas that year.
On average, members of this multi-millionaire's club earned 175 million dollars, in one year!
In other words, they were paid almost $85,000 per HOUR, more than working people make in a year.
They might have been PAID that much, but there's no way they EARNED it!