"From 2003 to 2005, the average household income of the top 1 percent grew at a much faster rate than the the four lowest quintiles."
"Few economists would dispute that US society is becoming increasingly unequal. National income is being redistributed away from the majority earning the least to the privileged owners and controllers of capital. Legislative policies authored by and for the super-rich have, over the last 25 years, led to the systematic transfer of tax burden off the richest 5% onto working people.
President Bush makes no bones about whose interests he represents, hence his statement at a dinner fundraiser of the rich and wealthy… ‘"This is an impressive crowd - the haves and the have-mores. Some people call you the elites; I call you my base."
It’s growing: the gap between rich and poor