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Half of All Income Goes to the Top 10 Percent

By Dave Gilson

We'll be posting a new chart on the current state of income inequality every day for the next couple of weeks. Our last installment looked at stagnating middle-class incomes.

Today, we look at both sides of the income split and how they've traded places. For the first time in a century, the top 10 percent of Americans control more than half of all income. If this trend persists, predicts economist Thomas Piketty, their share will rise to 60 percent by 2030.