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Income inequality in the United States was one of the Social sciences and society good articles, but it has been removed from the list. There are suggestions below for improving the article to meet the good article criteria. Once these issues have been addressed, the article can be renominated. Editors may also seek a reassessment of the decision if they believe there was a mistake.
A fact from this article appeared on Misplaced Pages's Main Page in the "Did you know?" column on June 29, 2007.The text of the entry was: Did you know ...that income inequality increased in the United States in 2005 with the top 1% of earners having roughly the same share of income as in 1928?
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CBO reported that for the 1979-2007 period, after-tax income (adjusted for inflation) of households in the top 1 percent of earners grew by 275%, compared to 65% for the next 19%, just under 40% for the next 60% and 18% for the bottom fifth.The share of after-tax income received by the top 1% more than doubled from about 8% in 1979 to over 17% in 2007. The share received by the other 19 percent of households in the highest quintile edged up from 35% to 36%. The major cause was an increase in investment income. Capital gains accounted for 80% of the increase in market income for the households in the top 20% (2000–2007). Over the 1991–2000 period capital gains accounted for 45% of market income for the top 20%.
Glancing at this, it appears that a lot of the graphs only go to 2016. Can we replace them with equivalent graphs that show more recent data? Sonicsuns (talk) 03:27, 13 December 2024 (UTC)
