Plutocracy Report

Posted: September 9, 2014 in Uncategorized
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Super rich are getting super richer

“Data confirm that the shares of income and wealth held by affluent families are at modern historically high levels,” the report said. “The gains in income and wealth shares have been concentrated among the top few percentiles.”

The report also looked at Americans’ earnings. While the median income of all Americans fell by 5% between 2010 and 2013, the mean income increased by 4%. That means gains by the wealthiest segment of the population pulled up the average.

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