THINK ABOUT income inequality in America and some archetypes easily come to mind. Start with a rich corporate lawyer, earning above the roughly $1m annual income (before taxes and transfers) that places a household in the top 1% of earners. At the other end of the scale, in the bottom 20%, a single mother with a fast-food job might have an income of $25,000. Between them, a home with a mechanic and a part-time teaching assistant might have annual earnings of $80,000, around the median.
Is higher inequality the price America pays for faster growth?
Related Posts
Allen nets shutout as Devils burn Oilers 3-0 – Edmonton | Globalnews.ca
November 5, 2024
9:38 am
Auto & Transport Roundup: Market Talk
November 4, 2024
9:42 am
Why Generation Now must know Charles Correa
November 3, 2024
10:16 am