The bottom 22% of the American population (yearly income) has about 16,700,000 families. These are people who make less than $ 30,000 per year. The median income of all Americans is $ 65,000, so should we raise the lowest 22% up to the median? If we assume the median income of the lowest 22% is $ 15,000 per year, then it will take $ 50,000 x 16.7 million families or $ 835,000,000,000 to raise the lowest 22%. We still have 28% more families to take care of who are below the median.
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