Ernest Hemingway apparently got the answer wrong when F. Scott Fitzgerald told him \u201cthe rich are different from you and me\u201d and Hemingway responded \u201cYes, they\u2019ve got more money.\u201d His answer should have been: \u201cThey own businesses.\u201d The chart at the bottom of the page shows the probability that a taxpayer includes a partnership or S-Corp on his or her federal income tax return. As you can see, the odds of having business income increase substantially once adjusted gross income (AGI) exceeds $100,000. More than 40 percent percent of people with an AGI of $250,000 or more have one of these two types of businesses. More than 72 percent of the really wealthy \u2013 people who earn more than $1 million per year \u2013 have a partnership or S-Corp. And nine-in-ten of the super wealthy \u2013 people with an AGI in excess of $10 million \u2013 have one of these. The correlation between AGI and the odds of having a partnership or S Corp isn\u2019t just a curiosity. It also tells us something about who experiences collateral damage from recent criticism of the wealthy. Whether directed at business owners or not, any disparaging remarks made about the \u201ctop one percent\u201d \u2013 people who earned more than $344,000 in 2009 \u2013 are negative statements about them. IRS data reveal that the majority of the \u201ctop one percent\u201d has a partnership or S-Corp.