US Income Inequality At Record High
The gap between rich and poor reached record margins in 2012.
The top 1% of US earners collected 19.3% of household income, breaking a record previously set in 1927.
Income inequality in the US has been growing for almost three decades.
Overall, the pre-tax incomes of the top 1% of households rose 19.6% compared to a 1% increase for the rest of Americans.
And the top 10% of richest households represented just under half of all income in the year, according to the analysis.
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