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A Brief Description with Causes and Curative Measures

To most people in the U.S. it is not news to learn that the top one percent of households make approximately twenty-two percent of the income, and the top twenty percent of households make more than fifty percent of the income. Many people don’t realize that the rather steep distribution is rather recent. In 1947 the top five percent of the people accounted for 17.5% of the income, and the top twenty percent 43%. And for comparison ...