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7/6/16

Top 1% have Recovered From 2008 While The 99% Wait


http://youtu.be/mcsKkLSqSiM
A new analysis of IRS data revealed that the average income of the top 1% of income earners grew by 7.7% in 2015. This means it was reaching $1.36m. Report author Emmanuel Saez calculated earlier this year that the top 1% had an average income of $1.26m in 2014. However when it came to the 99% Seaz said “Six years after the end of the Great Recession, those families have recovered only about 60% of their income losses due to that severe economic downturn,”. The top 1% of families had their income grow by 37% between 2009 to 2015, from $990,000 to $1.36m while incomes of the other 99%, however, grew by just 7.6% during that time – from $45,300 in 2009 to $48,800 in 2015. http://bit.ly/29zCIPI http://bit.ly/1fJ5yqZ This video was produced by YT Wochit News using http://wochit.com


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