Wealthiest Americans Dramatically Increase Income

A huge share of US economic growth during the past 30 years has gone to the top one-hundredth of 1 percent of the wealthiest Americans, who now make an average of $27 million per household, according to new Mother Jones analysis of varied governmental and academic data. In contrast, the average income for the bottom 90% of the US population is $31,244.
(more…)