Paul Campos suggests the "lower upper class" is a better term than "upper middle class". I agree. I don't see anyone admitting to being upper class, but it's ridiculous that all the lawyers, doctors, CEO's, and entertainers in the top 5 percent are still considered middle class. I've created the acronym, based on my view that a lot is luck.
From his post, these are the percentiles and household income for my LUCkies, household income:
95th 215,000
99th 400,000
99.9th 1,117,000
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