Tuesday, January 20, 2015

Inequality: Why the Middle Class should care and become vocal for Tax Relief for the Middle Class

http://www.vox.com/2015/1/19/7855335/summers-inequality-middle-class

Larry Summers sums up the cost of rising inequality to the typical American household: "If the US had the same income distribution it had in 1979, the bottom 80 per cent of the population would have $1 trillion — or $11,000 per family — more. The top 1 per cent $1 trillion — or $750,000 — less."

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