now in "rich countries", 1.The top 20% people have over $1,000,000 (average) 2. The following 20% have over $600,000 (average) 3. The 20% in the middle have $400,000 (average) 4, The following 20% have $200,000 (average) 5. the bottom 20% people have $35,000. (average) which class do you belong to? 1,2,3,4,5? if a person has $35,000, then he/she is at the bottom 10%.
I read books about Soviet Russia. I am so surprise that how important money is in a communist country. There are many rich people in Soviet, they use golden plates and forks/spoons/knifes to eat.
I drive a car which I don't "own"; I live in a house which I don't "own", and the rest of my junk isn't worth 35K. So, am I in a class all my "own"? Enjoy!
I think you are asking about net worth, rather than income? I think income would be a more reliable guide to class.