Danger at the bottom

Dallas Morning News | Scott Burns:

"According to the most recent IRS statistics on tax returns (for 2003), households needed at least $295,495 to be in the top 1 percent, $130,080 to be in the top 5 percent, $94,891 to be in the top 10 percent and $57,343 to enter the top 25 percent. "

I know a lot of families in the top 10 percent who firmly believe they are middle class. Maybe it's human nature. Because there will always be someone richer than you and someone poorer than you, you always see yourself as being in the middle.