Thursday, June 26, 2003

According to CNN, today's study released by the IRS indicates that "wealthiest 400 taxpayers in the United States accounted for 1.1 percent of U.S. adjusted gross income in 2000." The numbers are striking, not only because of the significant growth in the gross income share of the richest 0.1%, but more so in light of the stagnation in the bottom 10%. The statistics, of course, are reflective of the boom in the nineties, and seem doubly curious as the nineties were dominated by Democrats both in the Executive and Legislative branches.

1 Comments:

Blogger Unknown said...

U.S gross profit 1.1 percent. Economic growth is nice.


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vasanthi

Blaze Infotech

11:38 PM  

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