rob in cal
Jr. Member
Posts: 1,984
|
|
« on: October 06, 2010, 05:10:28 PM » |
|
The top 1% of income earners earn, IIRC about 10% of total US income, and I believe the top 10% earn about 50% total income. One explanation of how this huge maldistribution of wealth has come about (its more than it was up to the 1970's apparently) is deregulation of the finance industry and lower income taxes. Has anyone seen a pie chart of where the money of the top 1%, and for that matter the top 10% comes from? I'd be interested to see how much of it comes from ownership of companies, and how much from Wall Street deal making.
|