Share

Videos

Top 1% In US Took Biggest Share Since 1928

wochit business
|
September 10, 2013 AT 2:17 PM
The income gap between the richest 1% and the rest of America last year reached the widest point since the Roaring Twenties. The top 1 percent of U.S. earners collected 19.3% of household income in 2012, their largest share since 1928. The share held by the top 10 percent of earners reached a record 48.2%.