Five Facts About America's Pathological Wealth Distribution

[billy.pilgrim]

http://www.commondreams.org/view/2012/12/03



2. Wealth accumulation has been rigged for the rich.

The richest quintile of Americans owns 93% of non-home wealth. For Americans with incomes over $10 million, nearly half of their income comes from capital gains and dividends, on most of which they pay only a 15% tax. From 2002 to 2007, two-thirds of all income went to the richest 1%. Then, in the first year after the recession, a startling 93% of all new income went to the richest 1%.




I've never understood why the middle class and poor on the right can't see where this is leading


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action then consequences
action then consequences
action then consequences
action then consequences
action then consequences
action then consequences
action then consequences
action then consequences
action then consequences
action then consequences
action then consequences
action then consequences
action then consequences
action then consequences
action then consequences
action then consequences
action then consequences
action then consequences
action then consequences
action then consequences
action then consequences
action then consequences
action then consequences