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| Permalink View Article Stats The rich are getting much richer, much faster than everyone else Quicklink submitted by John Rogue (Add your own quicklinks easily with the OpEdNews Quick Link Browser bookmark) |
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| Over the past quarter-century, and especially in the last 10 years, America's very rich have grown much richer. No one else fared as well. In 2004, the richest 1 percent of households - 719,910 of them, with an average annual income of $326,720 - had 19.8 percent of the entire nation's pretax income. That's up from 17.8 percent a year earlier, according to a study by University of California-Berkeley economist Emmanuel Saez. |
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