Income Inequality Articles 2024 Us

Income Inequality Articles 2024 Us. Income inequality is starker than ever — or so we’ve been told. By combining data from the irs and the census bureau, idda statistics provide information on income levels and mobility for detailed demographic and geographic groups in the united states.

Income inequality in the us is very high compared to other wealthy countries, with the top 10 percent of earners capturing nearly half of all income and the bottom 50 percent getting just 13. After 1923, income inequality began to rise again, reaching a new peak in 1928—just before the crash that would usher in the great depression—with the richest 1%.