Wealth inequality in the U.S. is almost as bad as it was right before the Great Depression
Wealth inequality in the U.S. is almost as bad as it was right before the Great Depression. In 2015, the top 1% of Americans made 26.3 times as much income as the bottom 99 percent — an increase from 2013, when they earned 25.3 times as much, according to a study released Thursday from the Economic Policy Institute, a left-leaning Washington, D.C. think tank.
Wealth inequality The hole between the rich and the poor in America has swelled in the course of the most recent quite a few years.
In 2015, the best 1% of Americans made 26.3 fold the amount of salary as the last 99 percent — an expansion from 2013, when they earned 25.3 fold the amount, as per an investigation discharged Thursday from the Economic Policy Institute, a left-inclining Washington, D.C. think tank.
A family required a yearly wage of $421,926 to be a piece of the 1% broadly, the examination stated, however in a few expresses the limit was higher. The best 1% of Americans brought home over 22% of all wage in 2015, the examination found. That is the most noteworthy offer since a pinnacle of 23.9% just before the Great Depression in 1928.
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