June 23, 2012
Income Inequality: Top One Percent Share Of Total Pre-Tax Income, 1913-2007
There will be naysayers who cite causality when they see a chart like the one below, and that is fine. I agree, we cannot directly correlate the top one percent’s share of total pre-tax income with all things that ail this country, but is anyone going to make the case that income inequality of this magnitude is healthy for the future of the United States?