1. A Dive Into the Wealth Gap
... supplies us with this information: Gap in income after federal taxes and transfer payments have more than tripled in the top 1 percent, the after-tax-transfer income of the top 1 percent has increased by 275 percent and only 40 percent for the middle class and 18 percent for the lowest class. These numbers are incredibly staggering. When put into this perspective, it completely blew my mind on ... just how wrong our perspective on our economy is; 5,000 Americans were surveyed and expected that the top quintile owned 58 percent of our wealth when in reality, they own 82 percent of it, th...
- Word Count: 1638
- Approx Pages: 7
- Grade Level: High School