- "from 1980 to 2005, more than 80 percent of [the] total increase in Americans' income went to the top 1 percent"1
- "income distribution in the United States is more unequal than in Guyana, Nicaragua, and Venezuela, and roughly on par with Uruguay, Argentina, and Ecuador"1
- "the path of income inequality over the twentieth century is marked by two main events: a sharp fall in inequality around the outbreak of World War II and an extended rise in inequality that began in the mid-1970s and accelerated in the 1980s [emphasis added]"2
- "Income inequality today is about as large as it was in the 1920s"2
Elizabeth Warren explains in clear and simple terms why taxing the rich at higher rates is not class warfare.(at :50)3
Meanwhile, Republican John Fleming of L.A. explains how hard it is to get by when he ends up with only $400,000 of the $6 million his businesses gross each year to invest in more businesses.4
And there's this chart that I posted last week showing that most people believe that income is distributed more equally than it actually is, and want a far more equal distribution.