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First, the article was discussing the top 0.01% not the top 1%. So your factoidlette is off by a factor of 100 or if you prefer, two magnitudes. Second, even at
by CalChris 9y ago
First, the article was discussing the top 0.01% not the top 1%. So your factoidlette is off by a factor of 100 or if you prefer, two magnitudes. Second, even at that level of apples and oranges, the top 1% got 21.2% of the income in 2014.
http://equitablegrowth.org/research-analysis/u-s-income-inequality-persists-amid-overall-growth-2014/ http://equitablegrowth.org/research-analysis/u-s-income-ineq...