Income Disparity refers to the differences in average incomes between different socio-economic groups in a society.
Fast Facts:
- Top 1% of wage earners in the US make over $348,000 a year
- Top 10% of wage earners in the US make over $100,000 a year
- Overall, incomes are increasing for the the top 10% of earners
- 2005: the gap between the top 1% of earners and the bottom 90% continues to grow
Income Disparity refers to the differences in average incomes between different socio-economic groups in a society.
Fast Facts:
Top 1% of wage earners in the US make over $348,000 a year
Top 10% of wage earners in the US make over $100,000 a year
Overall, incomes are increasing for the the top 10% of earners
2005: the gap between the top 1% of earners and the bottom 90% continues to grow </note>
Central Figures
- Federal Reserve
- Ben Bernanke
- Alan Greenspan
- USAToday.com: "Greenspan: U.S.' rich-poor gap may threaten stability" (2005)
- Henry Paulson
- CSMonitor.com: New Treasury head eyes rising inequality (2006)
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