Friday, October 12, 2007

Large record of richest Americans' share of national income.

The "richest Americans' share of national income has hit a postwar record," with the "wealthiest 1% of Americans earn[ing] 21.2% of all income in 2005, according to new data from the Internal Revenue Service. ... The bottom 50% earned 12.8% of all income, down from 13.4% in 2004."

No comments: