Monday, October 25, 2010

statistic of the day

Too Much weekly:
The average 2008 income for the bottom 90 percent of America’s households, after adjusting for inflation, amounted to about $900 less the bottom 90 percent average income in 1979. The average income for the top 1 percent ended 2008 “over $700,000 above its 1979 level.”
From Tax Data Show Richest 1 Percent Took a Hit in 2008, But Income Remained Highly Concentrated at the Top — Center on Budget and Policy Priorities