Taking Another Look At Income Inequality


by Christian Stellakis on Jan 3, 2015 | Views: 169 | Score: 0
Created with Highcharts 4.2.3 /Highstock 4.2.3Income Bracket%Percent Change InReal After-Tax Income(2000-2010)1-20 Percentile21-40 Percentile41-60 Percentile61-80 Percentile81-96 Percentile96-99 PercentileTop 1 Percentile-505101520-1025
Percent Change In Real After-Tax Income (2000-2010)
1-20 Percentile20
21-40 Percentile13
41-60 Percentile12
61-80 Percentile11
81-96 Percentile12
96-99 Percentile8
Top 1 Percentile-4
Income Bracket
%
Sources: forbes.com
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Christian Stellakis
Christian Stellakis on Jan 3, 2015 3:33 PM said:

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.