Income Inequality Hits All-Time High

Posted by on October 27, 2011 1:26 pm
Tags: ,
Categories: 99% Jobs

INCOME-INEQUALITY
With all the talk regarding the 99% it looks like it is a fact – the top 1% according to a Congressional report, "Trends in the Distribution of Income"  (http://www.cbo.gov/ftpdocs/124xx/doc12485/10-25-HouseholdIncome.pdf) saw their income grow 275% from 1979 to 2007!  President Obama wants to pay for the jobs bill by having the top 1% pay just .05% more in taxes yet the Republicans have opposed the bill.  Jobs are a key issue for Latinos. Being among the worst hit, Latinos need to wake up to the Republican obstructionism as it continues to hurt the Latino community.

Leave a Reply