New CBO Data Show Income Inequality Continues to Widen

from The Center on Budget and Policy Priorities

Here's is a link to a study from The Center on Budget and Policy Priorities. This analysis finds incomes for the richest 1 percent of Americans rose by 20 percent -- or $146,000 -- in 2004, marking the fastest increase in 15 years. In contrast, incomes for the bottom fifth rose only 1.4 percent.

New CBO Data Show Income Inequality Continues to Widen