What Did You Do With Yours?
"Incomes for the bottom 90 percent of Americans only grew by $59 on average between 1966 and 2011"
"That disparity in income growth rates comes as the total federal tax burdens on those at the top have been slashed, compared with 1966, especially for the long-term capital gains that account for about a third of total income at the very top."
Food for thought also:
"To put that wealth number in perspective, as Buchheit notes in his piece, for every one can of soup owned by a single Black or Hispanic woman, one of our wealthiest Americans owns a $30 million mansion AND a $10 million yacht."
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