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Mark · Site Admin Joined: 13 Nov 2007 Posts: 1052

Richest Americans See Their Income Share Grow

http://online.wsj.com/article/SB121677287690575589.html

Excerpt:

According to the figures, the richest 1% reported 22% of the nation's total adjusted gross income in 2006. That is up from 21.2% a year earlier, and is the highest in the 19 years that the IRS has kept strictly comparable figures. The 1988 level was 15.2%. Earlier IRS data show the last year the share of income belonging to the top 1% was at such a high level as it was in 2006 was in 1929, but changes in measuring income make a precise comparison difficult.