Wealth Gap Widens As Rich Grow Richer Across America
A study led by Emmanuel Saez shows the richest 1 percent holding 19.5 percent of pre tax income in 2004, up from 17.8 percent, while median family income rose just 1.6 percent from 2001 to 2004. The report notes broader pay disparities, stock-market gains, and shifting education impacts.
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