Tuesday, September 10, 2013

Voice of America: Wealthiest Americans Earn Biggest Income Share Since 1920s

Voice of America
Voice of America is an international news and broadcast organization serving Central and Eastern Europe, the Caucasus, Central Asia, Russia, the Middle East and Balkan countries 
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Wealthiest Americans Earn Biggest Income Share Since 1920s
Sep 10th 2013, 23:44, by webdesk@voanews.com (VOA News)

The richest 1 percent of Americans last year earned their highest share of the nation's household income in more than eight decades. The last time that group took in more than 19 percent of overall earnings was in 1928, just one year before the stock market crash that helped trigger the Great Depression. Meanwhile, the wealthiest 10 percent of Americans earned nearly half (more than 48 percent) of the nation's household income in 2012, their highest share since 1917 when the ...

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