Income Inequality at Historically High Levels, Census Data Show

http://www.offthechartsblog.org/income-inequality-at-historically-high-levels-census-data-show/

The shares of the nation’s income going to each of the bottom three fifths of households were the lowest on record last year, in data that go back to 1967, today’s Census Bureau report shows. The share of income going to the top fifth was the highest on record (see graph).

The bottom 20 percent of households received just 3.2 percent of all household income in 2011, and the middle fifth of households received only 14.3 percent of the income. But the top 20 percent of households got 51.1 percent of the income in the nation, and the top 5 percent of households garnered 22.3 percent.