Sunday, August 28, 2011

wealth and power in the U.S.

       Citigroup's research department wrote three memos for investors concluding that wealth and power in the U.S. were increasingly concentrated in the hands of the top 1%, stating the top 1% of the population now have more financial wealth than the bottom 95% combined.for years in the '50s, the richest paid a top tax rate of 90%.





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