Oct 21, 2011
Data and charts show a dramatic shift in wealth inequality (towards the top 1%).
In the presentation, charts indicate that policy changes changed the distribution of wealth towards a plutocratic society. Beginning in the 1980's, the tax for highest earners began to decrease leading to a large gap to grow between the top .01% of America and the rest of the nation. Over time as income grew in America, only the top 10% benefited.
Anyhow, it's an interesting set of slides. Click for the full size view (with more slides).
The Wealth Gap
(Click for more + Full Size)
From the 1980s, the wealth of the top 1% ballooned (due to tax code changes)
By 2007, the top 10% controlled 71% of all wealth.
CEO pay skyrocketed from 1990 to as much as 500x the average worker.
Corporate income taxes decline while payroll taxes increase.
Exxon, Bank of America, GE all paid $0 taxes in 2010.
More information at http://www.connectthedotsusa.com/