adjusted for inflation:
the bottom 90% of american workers $5 more per month than they did as in 1968. David Cay Johnston equates this to 1 inch and then relative to that measurement:
the top 10% earn 160 feet more than they did in 1968.
the top 1% earn 884 feet more than they did in 1968.
the 0.1% earn 5 miles more than they did in 1968.
so really all the income earnings growth have gone to the 0.1%
he also said the bottom 90% pay the same taxes as they did in 1966.
top 10% pay 60% less taxes than they did in 1966.
the bottom 90% of american workers $5 more per month than they did as in 1968. David Cay Johnston equates this to 1 inch and then relative to that measurement:
the top 10% earn 160 feet more than they did in 1968.
the top 1% earn 884 feet more than they did in 1968.
the 0.1% earn 5 miles more than they did in 1968.
so really all the income earnings growth have gone to the 0.1%
he also said the bottom 90% pay the same taxes as they did in 1966.
top 10% pay 60% less taxes than they did in 1966.