While many Americans might have aspirations of becoming a millionaire, only 3.8 million — or 1.1% of the U.S. population — have managed to meet this wealth marker, per Empower. Trending Now: I Asked ChatGPT To Explain How Rich People Avoid Taxes Like I’m 12 — Here’s What It Said Consider This: 5 Low-Effort Ways To Make Passive Income (You Can Start This Week) And while approximately one out of 100 Americans might have notched that life goal on their belt, the fact is that the U.S. tax system, as a progre ...