Tuesday, 27 December 2016

U.S. inequality keeps getting uglier

U.S. inequality keeps getting uglier

The gap between the "haves" and "have nots" is widening, according to the latest data out this week. The rich are money-making machines. Today, the top mega wealthy -- the top 1% -- earn an average of $1.3 million a year. It's more than three times as much as the 1980s, when the rich "only" made $428,000, on average, according to economists Thomas Piketty, Emmanuel Saez and Gabriel Zucman.
Read more: http://money.cnn.com/2016/12/22/news/economy/us-inequality-worse/?source=Snapzu

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