The young and rich may be different from others—more money and more years enjoying it—versus other people with shorter time horizons and fewer dollars rolling in.
These lucky few are between ages 26 to 35, earn $200,000 and up and comprise only 2% of tax returns filed. But despite this small percentage, the cohort makes up 16% of the income for this age group, according to SmartAsset, a finance technology company that looked at recent IRS migration data.
And which states and cities wouldn't want them as residents, bringing their dollars to housing, restaurants, entertainment, fashion and beauty.
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