Income Gaps Between Very Rich and Everyone Else More Than Tripled In Last Three Decades, New Data Show — Center on Budget and Policy Priorities

How much more proof do people need that the Republicans only support the Rich and the Corporations?

The gaps in after-tax income between the richest 1 percent of Americans and the middle and poorest fifths of the country more than tripled between 1979 and 2007 (the period for which these data are available), according to data the Congressional Budget Office (CBO) issued last week. Taken together with prior research, the new data suggest greater income concentration at the top of the income scale than at any time since 1928.

via Income Gaps Between Very Rich and Everyone Else More Than Tripled In Last Three Decades, New Data Show — Center on Budget and Policy Priorities.