Income Inequality - Inequality.org
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In 2017, nearly 80% of US households were making incomes that would have placed them in the top 20% in 1967. Full interview with mathematical economist John Early: https://humanprogress.org/john-early-myths-about-american-inequality/ Read the highlights: https://humanprogress.org/myths-about-american-inequality-podcast-highlights/ Check out his book: https://www.amazon.com/Myth-American-Inequality-Government-Biases/dp/1538167387 | HumanProgress.org
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Curious about income distribution in the USA? Here is a look at how income levels align with different economic classes. How do you think these numbers shape financial planning and everyday lifestyle choices? Keep in mind that for self employed individuals, income can look very different. A lower reported salary does not mean you are struggling. It often means your CPA or EA knows how to optimize taxes well. | Economy24
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