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Thursday, dec 12
Tag:
Economic Policy Institute
Lifestyle
NY, CT Income Inequality Levels Among Highest In Nation
Are we reliving the "Great Gatsby" era? A new study cites five states where the top 1 percent have exceeded 1928's 23.9 percent share of income: According to an Economic Policy Institute (EPI) study of the new "gilded age," these are the top states with the widest income disparities: New York: 31 percent Florida: 28.5 percent Connecticut: 27.3 percent Nevada: 24.8 percent Wyoming: 24 percent Unequal income growth since the 1970s has buoyed the fortunes of the top 1 percent of income earners, widening income inequality in every state, the study from the Economic Policy …