1% of earners in Michigan, households need to bring in just over $611,500, according to IRS data analyzed by Axios.
“For people who have accumulated so much wealth that your money makes money, at some point, we’re like, ‘well we can’t possibly tax them,’” El-Sayed said at an August 2025 campaign event. “If I told you how much wealth is held by the 300,continue reading …