Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: tejek who wrote (294041)	7/10/2006 3:17:02 AM
From: Elroy	Read Replies (1) \| Respond to of 1574984

Whether its ten percent or 1 percent more and more of the nation's resources and wealth is accruing to them: It's a little hard for me to decipher that chart's meaning due to the language used. It says the top 1% of earners are getting 16% of the total income. I know what earnings and net income are for a company (the same thing), but what are they for an individual? For a company earnings/net income are basically revenues minus cost of goods sold minus expenses, plus/minus extra items (interest, one time kabobs, etc.), minus tax payments. In other words, whatever is left after the company has paid all its obligations that it took to generate the revenues. For an individual, what is earnings? And for the whole, what is income?