The funding gap for U.S. state public employees: $1.38 trillion.

[Nuclear Unicorn]

11. Probably not.

Top 1 percent: How much do they earn?
By Kay Bell • Bankrate.com

So just how much do you have to earn to be part of the elite 1 percent?

That depends on whose figures you use.

Based on 2009 tax year filing data, the Internal Revenue Service says an adjusted gross income, or AGI, of $343,927 or more will put you in the top 1 percent of taxpayers.

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The income thresholds are for the amount of AGI on a return, not per taxpayer.

That means a single filer who made $343,927 or more in 2009 is in the top 1 percentile. A married couple with two kids and combined earnings of $343,927 or more also was among the top earners in the country. The 2009 figures are the latest the IRS has tallied. Filing of returns for tax year 2010 didn't officially close until Oct. 17.

The 1.4 million Americans in the IRS' top taxpayer category in 2009 reported nearly 17 percent of all the country's taxable income. From those filers, the IRS collected $318 billion or almost 37 percent of all the individual taxes paid in 2009.

Read more: Top 1 Percent: How Much Do They Earn? | Bankrate.com http://www.bankrate.com/finance/taxes/top-1-percent-earn.aspx#ixzz1yR32LbcL

$350,000 x 1.4 million is only $490 billion