Taking From the Poor, Giving to the Rich

December 15, 2007 at 3:10 pm

Here’s an interesting post from Jared Bernstein on the growing economic gap between rich and poor. Compiled from the Congressional Budget Office (CBO) statistics, here’s some highlights: $400 billion was transferred from the bottom 95% to the top 5%. The share of income held by the top 1% has climbed […]