The top 1 percent of earners now take in about 74 percent of all the America’s capital gains, up from just 58.5 percent in 1979. That means they are getting the bulk of price gains in stocks, bonds and homes, to name just a few of the ways you can get capital gains.
The bulk of the gains by the 1 percent in the past few decades have been made by people who work on Wall Street and top executives of non-financial firms. Together, finance and executives accounted for 58 percent of the expansion of income for the top 1.0 percent of households and an even greater two-thirds share (67 percent) of the income growth of the top 0.1 percent of households.
U.S. CEOs get paid 44 times what the average worker makes.
from here
The bulk of the gains by the 1 percent in the past few decades have been made by people who work on Wall Street and top executives of non-financial firms. Together, finance and executives accounted for 58 percent of the expansion of income for the top 1.0 percent of households and an even greater two-thirds share (67 percent) of the income growth of the top 0.1 percent of households.
U.S. CEOs get paid 44 times what the average worker makes.
from here
No comments:
Post a Comment