Millionaires on the rise again

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Monday, June 18, 2012

After declines in 2008 and 2009, the IRS says the number tax filers earnng a million or more jumped in 2010.

There were nearly 268,000 tax filers who reported more than $1 million in adjusted gross income in 2010, according to a Tax Foundation analysis of Internal Revenue Service data.

That's about 31,000 more than the previous year, but is still lower than the boom times. Between 2005 and 2008, the number of millionaires topped 300,000 annually.

Read more at CNN Money.

 

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