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Income Growth

Income Growth. Bottom 90% Top 1 Under More than $100,000 $350,000. 1950 - 1975 1960 - 1985 1980 - 2005. $12,438. $45,609. $ 5,879. $216,675. $718,779. $ - 7. Source: Pikkety-Saez from IRS Calculations by David Cay Johnston.

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Income Growth

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  1. Income Growth Bottom 90% Top 1 Under More than $100,000 $350,000 1950 - 1975 1960 - 1985 1980 - 2005 $12,438 $45,609 $ 5,879 $216,675 $718,779 $ - 7 Source: Pikkety-Saez from IRS Calculations by David Cay Johnston

  2. Income Growth Ratios Bottom 90% to Top 1% 1950 - 1975 1960 - 1985 1981 - 2005 $1 to $4 $1 to $17 $1 to $5,000 Source: Pikkety-Saez from IRS Calculations by David Cay Johnston

  3. Income Growth Ratios The Top 1 percent is NOT a Cohesive Group Threshold: $350,000 +/- Peak: $3 billion + Source: Pikkety-Saez from IRS Calculations by David Cay Johnston

  4. Income Growth Ratios Bottom 90% to Top 1% 1950 - 1975 1960 - 1985 1981 - 2005 $1 to $4 $1 to $17 $1 to $ 5,000 Source: Pikkety-Saez from IRS Calculations by David Cay Johnston

  5. Income Growth Ratios Bottom 90% to Top 1% Bottom 90% to Top 0.01% 1950 - 1975 1960 - 1985 1981 - 2005 $1 to $4 $1 to $36 $1 to $17 $1 to $459 $1 to $ 5,000 $1 to $141,000 Source: Pikkety-Saez from IRS Calculations by David Cay Johnston

  6. The Super Rich Top Tenth of 1 per cent average income • 1960 $1.0 million • 1970 $1.2 million • 1980 $1.4 million • 1990 $2.5 million • 2000 $5.8 million • 2005 $5.6 million

  7. The Super Super Rich Top Hundredth of 1 per cent average income • 1960 $ 3.7 million • 1970 $ 4.2 million • 1980 $ 5.2 million • 1990 $10.1 million • 2000 $27.0 million • 2005 $26.3 million

  8. American Income Pie

  9. American Income Pie

  10. The Rich Slice Gets Bigger Top Tenth of One Percent

  11. The Typical American Bottom 90% average income • 1960 $23,300 • 1970 $31,100 • 1980 $29,500 • 1990 $28,800 • 2000 $31,100 • 2005 $29,500

  12. Rich v. Poor The Best-off 300,000 Americans make almost as much as……? A. 50 million B. 100 million C. 150 million

  13. Rich v. Poor The Best-off 300,000 almost as much as……? C. 150 million

  14. Rich v Poor2005 Bottom 20% Top 1%

  15. Rich v Poor2003 to 2005

  16. CIA World Factbook Real RDP Growth Rates Selected Countries RANK COUNTRY % Real Growth 9 China 11.4 25 Russia 8.1 47 Cuba 7.0 102 World 5.2 112 Iraq 5.0 114 Norway 4.9 153 Netherlands 3.5 155 Sweden 3.4 156 Austria 3.3 169 United Kingdom 2.9 183 United States 2.2

  17. CIA World Factbook Family Income Distribution Gini Index of Selected Countries

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