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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsThe Increasingly Unequal States of America Income Inequality by State, 1917 to 2011
http://www.epi.org/publication/unequal-states/***SNIP
Specific findings include:
Between 1979 and 2007, the top 1 percent took home well over half (53.9 percent) of the total increase in U.S. income. Over this period, the average income of the bottom 99 percent of U.S. taxpayers grew by 18.9 percent. Simultaneously, the average income of the top 1 percent grew over 10 times as muchby 200.5 percent.
Lopsided income growth characterizes every state between 1979 and 2007.
In four states (Nevada, Wyoming, Michigan, and Alaska), only the top 1 percent experienced rising incomes between 1979 and 2007, and the average income of the bottom 99 percent fell.
In another 15 states the top 1 percent captured between half and 84 percent of all income growth between 1979 and 2007. Those states are Arizona (where 84.2 percent of all income growth was captured by the top 1 percent), Oregon (81.8 percent), New Mexico (72.6 percent), Hawaii (70.9 percent), Florida (68.9 percent), New York (67.6 percent), Illinois (64.9 percent), Connecticut (63.9 percent), California (62.4 percent), Washington (59.1 percent), Texas (55.3 percent), Montana (55.2 percent), Utah (54.1 percent), South Carolina (54.0 percent), and West Virginia (53.3 percent).
In the 10 states in which the top 1 percent captured the smallest share of income growth from 1979 to 2007, the top 1 percent captured between about a quarter and just over a third of all income growth. Those states are Louisiana (where 25.6 percent of all income growth was captured by the top 1 percent), Virginia (29.5 percent), Iowa (29.8 percent), Mississippi (29.8 percent), Maine (30.5 percent), Rhode Island (32.6 percent), Nebraska (33.5 percent), Maryland (33.6 percent), Arkansas (34.0 percent), and North Dakota (34.2 percent).
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The Increasingly Unequal States of America Income Inequality by State, 1917 to 2011 (Original Post)
xchrom
Feb 2014
OP
liberal N proud
(60,334 posts)1. Those poor rich bastards
They carry the burden of holding all that wealth, relieving the rust of us from the burdens.
Octafish
(55,745 posts)2. Reagan hated unions for a reason.
Thank you for the heads-up, xchrom! The Economic Policy Institute is TOPS!