Percentage distribution of U.S. aggregate household income, by income tier, 1970-2010 (Graph)
from David Ruccio
In the below chart, the middle tier is defined as those living in households with an annual income that is 67 percent to 200 percent of the national median; the upper tier is made up of those in households above the 200 percent threshold, and the lower tier is made up of those below the 67 percent threshold.
What the Pew Research Center analysis finds is that upper-income households accounted for 46 percent of U.S. aggregate household income in 2010, compared with 29 percent in 1970. Middle-income households claimed 45 percent of aggregate income in 2010, compared with 62 percent in 1970. Lower-income households had 9 percent of aggregate income in 2010 and 10 percent in 1970.
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upward redistribution began with Ron Republican RR administration … continues to this day and will do so in my opinion … the commitment of the religious right rr and the southern strategy … few to none of these groups read this blog their to some extent contradictory goals are manipulated by Fox News which they do watch
there is no intersection between us and them. For the most part our nation has broken into non communicating factions. Facts don’t matter to the right and traditional morals don’t compute for the left. result impending tragedy …
So what is happening is that the upper are pushing their old burdens not to the poor but to the uppermiddle and middle.
Im amazed that anyone votes for the free market lower taxes on the rich republicans in the US. Its astonishing they even have a support base when their traditional support base is getting bashed by their policies.
They are not pulling from the poor because there is nothing left to take from them, but actually the population included in the poors may have increased in % terms but if so, that is not captured in these data.