Wednesday, November 09, 2011

Where did all the opportunity go? To the Rich, to the rich

Source: The Economist
Research from the non-partisan Congressional Budget Office showed that between 1979 and 2007 after-tax income grew by 62% for all households in the United States, but by 275% for the top 1% of earners. The top 1% accrued more than 20% of total national income in 2007, double their share in 1979. The study comes amid a debate raging in Congress about taxation and the deficit. See article

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