Capitol Report: Here’s how many people make more than $50 million per year — in wages

There are 205 people in America who earn more than $50 million a year in wages alone.

That’s according to newly released Social Security Administration data for 2017.

Another way to say that: These people are not just in the top 1%, or top 0.1% — they’re in the top 0.000001%.

The Social Security Administration data are based on federal income-tax returns, as reported by employers on W-2 forms.

Even the $50 million club has its winners and losers. The data show that, on average, these 205 people earned $97.3 million.

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