INCOME INEQUALITY AND THE ECONOMY

Think Progress compiles the data: “Tax rates on the richest Americans have plunged in recent years, and millionaires today pay tax rates that are 25 percent lower than they were in 1995. Meanwhile, income inequality is the worst it’s been since the 1920s, with the top 1 percent of Americans taking home 25 percent of the country’s total income. Just the richest 400 Americans hold more wealth than the bottom 50 percent of Americans combined, and the richest 10 percent of Americans control two-thirds of the country’s net worth.”

SO … HOW’S THAT INCOME INEQUALITY WORKIN’ OUT FOR THE ECONOMY???