Fueling Inequality, Earnings of Top 0.1% in US Have Soared by 465% Since 1979: Analysis

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'This growing inequality isn't inevitable—it is a result of policy choices to reduce worker power.' —EconomicPolicy

The EPI experts noted that"the share of earnings at the very top—the top 0.1% of wage earners—is driving the rising earnings share of the top 1%."

Those at the bottom of the United States' increasingly skewed income distribution haven't fared nearly as well as the wealthy few at the very top, EPI's analysis makes clear. In 2020 and 2021, the first two years of the coronavirus pandemic, the"only group to experience real wage gains... was the top 1% of the earnings distribution."

 

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