For Americans, from 1979 to 1997, after-tax income, adjusted for inflation, grew an average of 157% for the top 1% of the population, rose a modest 10% for the middle fifth of the income spectrum, and was effectively unchanged for those in the bottom fifth. Sources: Inequality.org; and Congressional Budget Office. |
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"Bear left!"/"Right, Frog!" (Kermit and Fozzie, The Muppet Movie)