Thursday, September 12, 2013

Wealthiest Americans Take Home Biggest Share of Income Ever Recorded | Alternet

Wealthiest Americans Take Home Biggest Share of Income Ever Recorded | Alternet

Whose recovery, you ask? Why, the top 1 percent's, of course.

The top ten percent of earners in the United States took home more than 50 percent of all income in 2012, the highest amount ever recorded since data was first collected in 1917, according to an updated report from economists Emmanuel Saez and Thomas Piketty.

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