Westbound -- Calif. to Paris: Summer 2007
http://stewartspivak.blogspot.com/
Thursday, June 26, 2003 :::
4008472
June 26, 2003
ECONOMY
Wealthiest Americans Hold
Rising Share of U.S. Income
Top 400 Earned More Than 1%
Of Total U.S. Income in 2000
By TOM HERMAN
Staff Reporter of THE WALL STREET JOURNAL
So much money in so few hands.
The nation's top 400 taxpayers reported income of nearly $70 billion for 2000, a new Internal Revenue Service report shows. This startling accumulation of wealth at the very top of the income pyramid reflects the booming stock market of the 1990s and the widening of the income gap in the U.S. into a vast chasm.
Wealthiest Americans Hold
Rising Share of U.S. Income
Top 400 Earned More Than 1%
Of Total U.S. Income in 2000
By TOM HERMAN
Staff Reporter of THE WALL STREET JOURNAL
So much money in so few hands.
The nation's top 400 taxpayers reported income of nearly $70 billion for 2000, a new Internal Revenue Service report shows. This startling accumulation of wealth at the very top of the income pyramid reflects the booming stock market of the 1990s and the widening of the income gap in the U.S. into a vast chasm.
This remarkable group accounted for 1.09% of total U.
