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Poverty and Income

September 9, 2009

By Avi Feller and Chad Stone

Two-thirds of the nation’s total income gains from 2002 to 2007 flowed to the top 1 percent of U.S. households, and that top 1 percent held a larger share of income in 2007 than at any time since 1928, according to an analysis of newly released IRS data by economists Thomas Piketty and Emmanuel Saez

Continue reading Top 1 Percent of Americans Reaped Two-Thirds of Income Gains in Last Economic Expansion

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