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Old 11-02-2011, 04:31 PM   #1
kuzbaslachek

Join Date
Nov 2005
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I've read few articles about this topic, please allow me share some here. The after-tax income of the country's wealthiest one percent tripled between the years 1979 and 2007. A new report from the Congressional Budget Office offered the findings. The earnings rose at a slower rate for other Americans. The brand new report gives more energy to the national deficit reduction controversy also as to the Occupy Wall Street movement. Resource for this article: After tax income for wealthiest one percent has tripled since 1979. Well this is how I see it in my own opinion.That 1% of us own 40% of our country's great wealth, leaving the 99% to live on the 60% that remains, overlooks the even worse disparity : only 20% of us hold fully 80% of our country's wealth, leaving 8 out of 10 American living amidst the 1 out of 5 dollars that remain to them, just saying.
Here's a paradox for you...

The income of low millionaires (people making between $1,000,000 and $2,000,000), adjusted for inflation dropped nearly 70% between 1979 and 2007...
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