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Morning Joe Charts - Income Inequality 3.16.12

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  • There is something dramatically wrong when 93% of all income increases goes to the top 1% earners (37% of increases going to the top 0.001%). And it is hard to accept that the average American income went up just 0.2% ($80) last year, while the top 0.001% went up 21.5% ($4M+)
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Morning Joe Charts - Income Inequality 3.16.12

  1. 1. Source: Piketty and Saez
  2. 2. 37% to Top 0.01%Source: Piketty and Saez
  3. 3. 2010 Income Increase Average Income Increase ($) Increase (%)Bottom 99% $41,777 $80 0.2%Top 1% $1,019,089 $105,637 11.6%Top 0.01% $23,846,950 $4,215,743 21.5%Note: All numbers are inflation adjustedSource: Piketty and Saez

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