The rich are 275% richer than they were in 1979. Not 100% richer. Not 200% richer — they’re 275% richer! OWS

FYI the middle class is 40% richer and you know the 1% want their share of that too.

Average Income of Top 1% Rose 275% since 1979

According to a new Congressional Budget Office report released on Tuesday, since 1979 the average, after-tax income of the top one percent of American households has risen 275 percent. Meanwhile, for the poorest one-fifth of the country, it’s gone up just 18 percent. And for the biggest slice of “middle class” America — the three-fifths of homes between the top and bottom 20% — incomes have risen just 40%. Read more... (via: reagan-was-a-horrible-president)

And this:

50% of All Workers Made Less than $26,000 in 2010

1) Half of all workers made less than $26,364, the median wage in 2010. That means the typical wage is at its lowest level since 1999, after adjusting for inflation.

Read more… (via: azspot)

Don’t you forget the wealthy still need a tax cut though. That’s according to the GOP and Paul Ryan:

…the House GOP approved budget that [Ryan] wrote cuts taxes for those in the top income bracket by ten percentage points and pays for it with a middle-class tax hike.

And that plan is positively tame compared to Ryan’s much-ballyhooed “Roadmap for America’s Future,” which would have raised taxes on a full 90 percent of the population in order to give the richest one percent of Americans an annual tax break of more than $200,000.

Oh yeah, and Paul also said that college students should get 3 jobs instead of using Pell Grants. So… not a class war though.

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