We are the 99% is a political slogan widely used and coined during the 2011 Occupy movement from Gore Vidal's famous and original version "the one percent", meaning the nation's wealthiest 1%, to which the 99% reversely correspond.
The phrase directly refers to the income and wealth inequality in the United States with a concentration of wealth among the top-earning 1%. It reflects an opinion that "the 99%" are paying the price for the mistakes of a tiny minority within the upper class.
According to the Economic Policy Institute as of 2018, all households with incomes less than $737,697 belonged to the lower 99% of wage earners. However, the 1% is not necessarily a reference to top 1% of wage earners, but a reference to the top 1% of individuals by net worth, of which earned wages are only a fraction of the many factors that contribute to their wealth.
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