“Most of the coverage has focused on the rate of change for incomes of the top 1 percent, particularly the fact that the top 1 percent have enjoyed 95 percent of all income growth from 2009 to 2012. But I want to focus on levels. I’m going to modify one of Saez’s charts to show something I don’t think has been pointed out.”
Per Mike Konczal of Rortybomb, writing over at Next New Deal: In 2012, the Top 1% (notwithstanding capital gains, which only slightly changes the picture) took home the largest share of the national income since 1928. Socialism!
