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response 12 of 36:
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Sep 12 13:58 UTC 2003 |
Some statistics I saw today about the widening gap between the rich and
the middle class and working poor. These are based on Congressional
Budget Office statistics:
From 1979 to 2000...
the poorest 20% of the population increased their after-tax income by 9%.
the middle 20% increased their after-tax income by 15%.
the top 20% increased their after-tax income by 68%.
the top 1% increased their after-tax income by 201%.
In 1997 the top 1% of households had more wealth than the bottom 95%
combined.
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