Tuesday, October 26, 2010

Income Distribution 1979-2006



Working Group on Extreme Inequality » How Unequal Are We?

"· Percentage of U.S. total income in 1976 that went to the top 1% of American households: 8.9. · Percentage in 2007: 23.5. · Only other year since 1913 that the top 1 percent’s share was that high: 1928. · Combined net worth of the Forbes 400 wealthiest Americans in 2007: $1.5 trillion. · Combined n...
    The share of total income going to the top 1 percent of earners, which stood at 8.9 percent in 1976, rose to 23.5 percent by 2007.    "

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