Taking Another Look At Income Inequality
by Christian Stellakis on Jan 3, 2015 | Views: 161 | Score: 0
| Percent Change In Real After-Tax Income (2000-2010) | |
|---|---|
| 1-20 Percentile | 20 |
| 21-40 Percentile | 13 |
| 41-60 Percentile | 12 |
| 61-80 Percentile | 11 |
| 81-96 Percentile | 12 |
| 96-99 Percentile | 8 |
| Top 1 Percentile | -4 |
Income Bracket
%
Sources:
forbes.com
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Income inequality is increasing throughout the United States, right? Examining before-tax income differences, it would certainly appear so. Taking a look at after-tax income, though, we find a different result. After-tax income inequality has actually decreased over the last decade, with the bottom fifth income bracket growing the most while the top 1 percent of earners have found their income shrink.