Friday, November 23, 2012

Income Inequality has Grown in the US

The Center on Budget and Policy Priorities demonstrates that the gap between the lowest and highest incomes has increased in most of the country since the late 1970s.  The ratio of the top fifth to lowest fifth exceeds 8 in fifteen states -- thirty years ago no state exceeded a ratio of 8.

Summary chart:

Forty year trend from the Census:

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