Taking Another Look At Income Inequality
by Christian Stellakis on Jan 3, 2015 | Views: 160 | 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
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.