top 1%
Coverage of top 1% in the Nexus archive.
- States ranked by how much of their federal income tax is paid by the top 1%
Florida ranked second-highest in a SmartAsset study measuring the share of federal income tax paid by the top 1% of earners. The study found the top 1% nationally pay 37% of federal income taxes despite earning 19% of incomes, with tax proposals in New York and California aiming to increase taxes on wealthy residents.
- More than 440,000 people became millionaires in the U.S. last year
Over 440,000 people in the U.S. became millionaires last year, bringing the total to 23.6 million, which exceeds the combined total of the next ten countries.
- Surging stock market, Trump policies boost wealth for top 1%
Elon Musk became the world's first trillionaire through the SpaceX IPO, highlighting growing wealth concentration in the U.S. The top 1% held 31.9% of the nation's wealth in 2025, driven by stock market gains and Trump-era policies. Economists attribute this trend to tax cuts and corporate profit distribution shifts.
- Mayor seeks residents’ help in identifying blighted commercial properties
Mayor-President Sid Edwards is launching a campaign to identify Baton Rouge's most problematic blighted commercial properties by soliciting resident input. The initiative, part of the administration's efforts, aims to prioritize properties for action through a top 10 list.
- Sui Network Goes Down for Second Straight Day as Weekly Token Slide Hits 20%
The Sui Network experienced its second consecutive day of outages, leading to a 20% weekly decline in the Sui token's value. The token is now among the worst-performing top 100 crypto assets for the week.
- Top 10 cheapest places to live in US revealed... as historic steel capital that built modern America tops the list
The article reveals the top 10 cheapest places to live in the US, with a historic steel capital at the top of the list. The city, known for its role in building modern America, highlights affordability as a key factor.
- 10 cheapest places to live in US revealed — and only one of them is in a blue state
The top 10 most affordable housing markets in the U.S. are predominantly in red states, with only one located in the Northeast, according to a recent report. The findings highlight a stark regional divide in housing affordability.
- Most homes are still listing below $300K in 6 Rust Belt cities — despite economic uncertainty
In April, six Rust Belt cities remained among the top 100 markets with typical home prices below $300,000, despite economic uncertainty. All six cities experienced a surge in new home listings.
- California outranks Texas in new top 100 ‘Best BBQ shops’ list — but there’s a catch
Yelp released a 'Top 100 BBQ Restaurants in the US' list compiled from ratings and reviews by Yelp Elite users, with California ranking higher than Texas for the number of included establishments. The ranking challenges the conventional assumption that Texas dominates BBQ restaurant quality.
- Nine out of top 10 cities to live in the US in red states as new report reveals the one bearable Democrat-run enclave
A report indicates that nine of the top ten most livable cities in the US are located in red states, with the article suggesting there is only one acceptable Democratic-run city among the top rankings. The report appears to make a political statement about governance and quality of life in different states.
- K-shaped economy is real, per New York Fed research
The Federal Reserve Bank of New York confirms the existence of a K-shaped economy, where high-income households drive spending growth due to wealth gains from financial assets, while low-income households struggle with inflation. The divergence in spending patterns since 2023 highlights economic fragility and risks linked to market corrections.