The rich aren’t dispossessing the rest

posted by
November 14, 2011
Ludwig von Mises Institute
by Gary Galles  
Posted in Commentary

"Budget Office's just-published Trends in the Distribution of Household Income Between 1979 and 2007 found an increasing concentration of income over that period, ranging from 275 percent income growth for the top 1 percent of households and 65 percent growth for the rest of the top 20 percent down to 18 percent growth for the lowest 20 percent of household incomes." (11/14/11)  

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