Michael Perelman wrote:
The WSJ reports:
According to the figures, the richest 1% reported 22% of the nation's total adjusted
gross income in 2006. That is up from 21.2% a year earlier, and is the highest in
the 19 years that the IRS has kept strictly comparable figures. The 1988 level was
15.2%. Earlier IRS data show the last year the share of income belonging to the top
1% was at such a high level as it was in 2006 was in 1929, but changes in measuring
income make a precise comparison difficult.
I tried to find the data on the IRS site, but did not succeed. Any help would be
appreciated.
Data here doesn't cut it by percentiles but tells the same story.
http://www.irs.gov/pub/irs-soi/06inalcr.pdf
page 31
More here:
http://www.irs.gov/taxstats/indtaxstats/article/0,,id=133857,00.html
and here: http://www.irs.gov/taxstats/index.html
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