The IRS recently released 2009 tax data, it takes $343,927 in household income to make it into the top 1%; $154,643 to make the top 5%.
So, annualizing the 9-month salaries reported by the AACSB , a business school prof of any rank is top 5% … and full profs with working spouses are likely top 1%.
Hmmm
Don’t tell the Wall Street Occupiers…
P.S. Teaching profs rake in about $8.75 per hour … safely in the “99%”.
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