| The top one percent of households received 21.8 percent of all pre-tax income in 2005, more than double what that figure was in the 1970s. (The top one percent's share of total income bottomed out at 8.9 percent in 1976.) This is the greatest concentration of income since 1928, when 23.9 percent of all income went to the richest one percent. The top 10% control 71% of US assets. |
Read the rest of the story HERE:
At www.demos.org
At www.demos.org
