Saturday, October 10, 2009

Income concentration - Top heavy


A quarter of America's total income is earned by the top 1%

AMERICA is the wealthiest country in the world and its rich keep earning more. In 2007, the latest year for which data are available, the top 1% increased their share of the country's income to 23.5%, according to analysis of tax returns by a pair of economists, Emmanuel Saez and Thomas Piketty.

See full Article.