Monday, March 07, 2011

Top 1%

Today just 400 Americans have more wealth than half of all Americans combined.


15 comments:

mkschmack said...

How much more is immiseration going to rise, this scares me. People complain about the rich when that is a part of our capitalism, if we got them to share it around some, wouldn't that be leading to socialism?

CRISTALM said...

With the huge gap in the wealthy and the people on the lowest rung, it is scary to see that it has become the top 1%, this is very little people who are very rich, it almost seems like something or someone is making it this way...

taryn said...

These two charts did not suprise me when I first saw them. After taxes the top 1% line went down tremendously and all of the other lines surrounded closely. I personally do not think it is fair because the top 1% has to make jobs for the lower rung people. So how are they supposed to do that if they are giving all their money paying higher taxes?

morgan said...

The gap between the top 1% and everyone else is huge although not very surprising. Most of the population is or is very close to being in the lowest rung. How did it get this way?

Blckchickennigga said...
This comment has been removed by the author.
Blckchickennigga said...

I had no clue about these stats. That is just crazy to me that 1% of people that are wealthy make more money than most other Americans income combined. Maybe we should steal more from the rich and give to the poor.

freakomania10 said...

These statistics really upset me. It just seems ridiculous that they even have the chance to earn all of that money whereas everryyyyyyone else, has no such opportunity to even make a quarter of that. It hardly seems fair.

Natali said...

I'm not so sure these charts are correct, we need more research on them. If they are though, that is astonishing. WOW!

Diana.Blizzard said...

Well, that 1% is lucky! I sure would like to join some day.

Gaganjit Khinda said...

To me this is really shocking! I think we need to do something about this or else the situation is going to get worse. 1% people are rich! This is nothing compare to how it was before. I think our government needs to do something about the economy.

Bushra Syed said...

WOW!! It's so overwhelming just to think about it! Even though the top 1% are filthy rich and they don't have to worry about they little things on the other hand you have people who are struggling just to eat for one day. I think those top 1 percenters need to give a little!

Carmen E Johnson said...

With the world being flat, many people are becoming richer and richer, and younger and younger. I am not surprised to see this huge gap between the rich and lower rung. I wish that the gap was closer.

Swayze said...

When I first saw this chart I was amazed. However, in looking at the gap between the rich at the top 1% it makes total sense that so many are below this and struggle every day to survive. I think they need to quit adding tax to the middle and low income and get the tax needed from the rich. Maybe this would improve the lives of some people.

D_ana said...

Wow it's sad how the rich just keep getting richer and the poor keep getting poorer!

Chandler said...

I find it astonishing that the graph shows so difference between upper and middle class taxes. Why should the little guy, who layes the foundation for small businesses, be taxed more and the rich get taxed less?