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This Map Reveals Just How Unequal The So-Called Recovery Is

  • January 26, 2015
  • Miami

In his State of a Union residence final week, President Barack Obama cheered rising wages. What he didn’t discuss is that most of a income gained given a retrogression has left into a pockets of a richest Americans.

In 39 U.S. states, a tip 1 percent of earners gobbled adult during slightest half of all of a income gains between 2009 and 2012. And in 17 of those states, a tip earners got each bit of a income expansion in those years. That’s according to a new paper

In all states, a miscarry in income in a 3 years after a retrogression flattering most all went to a richest of a rich, a EPI found.

“Over this period, a normal income of a bottom 99 percent in a United States indeed fell (by 0.4 percent),” a paper states. “In contrast, a normal income of a tip 1 percent climbed 36.8 percent.”

The EPI paper, regulating state-level taxation information from a IRS, builds on comparison investigate by economists Thomas Piketty and Emmanuel Saez, who analyzed income gains prisoner by a tip 1 percent to illustrate broader trends in mercantile inequality. The French economist Piketty got famous final year for his book, Capital In The Twenty-First Centurywarned

The map next shows where a richest 1 percent prisoner a biggest commission of a altogether income gained between 2009 and 2012. The darker orange and red shades uncover where a largest share of income expansion went to a 1 percent.

Among a states where a 1 percent got a biggest share of a income gains were Delaware — where they got 301 percent of income expansion — and Florida, where they got about 260 percent.

Nevada was arguably one of a most-unequal states in a nation during that stretch: The income of a tip 1 percent jumped scarcely 40 percent, while a income of a rest fell 16 percent. But since sum state income fell — a usually state in that this happened — it doesn’t register on a map, that measures a 1 percent’s share of income gains.

West Virginia was a least-unequal state in a nation during that stretch: It’s a usually state in that a 1 percent suffered descending income while a 99 percent enjoyed rising income.

Since a retrogression finished some-more than 5 years ago, wagesclaimed

But wage growth

Infographic by Alissa Scheller

Article source: http://www.huffingtonpost.com/2015/01/26/most-unequal-states-in-america-map_n_6532350.html?utm_hp_ref=miami&ir=Miami

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