Growing Income Inequality: The Rich Getting Richer, Quicker
1970 | 2007 | |
---|---|---|
1st (Bottom) Quintile | 7 | 5 |
2nd Quintile | 12 | 9 |
Middle Quintile | 16 | 14 |
Fourth Quintile | 22 | 19 |
81-99% | 34 | 36 |
Top 1% | 8 | 17 |
Share of Household Income After Taxes/Transfers
Percentage of Total American Income
Sources:
cbo.gov