Tuesday, August 17th, 2004
Income Gap
Coming at you from the American Sociological Assn. meeting in San Francisco once again. You might be asking, what exactly do sociologists do? Well as one example, we come up with studies like this: Income Gap Of Poor, Rich, Widens. Some excerpts:
The wealthiest 20 percent of households in 1973 accounted for 44 percent of total U.S. income, according to the Census Bureau. Their share jumped to 50 percent in 2002, while everyone else’s fell. For the bottom fifth, the share dropped from 4.2 percent to 3.5 percent. . . . New government data also shows that President Bush’s tax cuts have shifted the overall tax burden to the middle class from the wealthiest Americans.
Do we any more proof that this country is headed in the wrong direction?
Possibly Related Posts:
- Katrina Tax Breaks Help Rich Most
- White-Black Income Gap Widens
- College Grads Earn More, But Not Equally
- John Kerry on Letterman
Filed Under Categories:
Rules for Comments
Respectful disagreement and constructive debate are fine and encouraged. Comments that are abusive, slanderous, threatening, racist, or spam are not. I reserve the right to delete any comments that are blatantly inappropriate or offensive.
To Leave a Comment, You Can:
- Click on "Income Gap"
- Email Me at CN_Le@yahoo.com






