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New IRS data give fresh look at income inequality - MarketWatch - 0 views

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    In this article, the author explains the issue of income inequality using the stock market and the IRS. He also explains how much money the middle and upper classes make.
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    This article describes and analyzes income inequality in American households. It compares how "3.6 million households make basically the same as 32 million households."
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    "The middle class - those who make between $50,000 and $100,000 - account for 22% of all filings and roughly the same in income, at 25%. Put it another way: 3.6 million households make basically the same as 32 million households." The author essentially shows that the rich are only getting richer and that everyone else is only getting poorer. The article shows how the small upper class makes just as much, if not more than the much larger middle class.
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    This source uses tax data to graph out the income inequality in America,
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    "The middle class - those who make between $50,000 and $100,000 - account for 22% of all filings and roughly the same in income, at 25%. Put it another way: 3.6 million households make basically the same as 32 million households." This article describes income equality in America, measuring it using statistics of taxes. It also explains the annual incomes of the upper and lower classes.
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    Income is a very serious problem in the U. S. Our debt to other countries is the main reason we have so high taxes. This article give you the facts a statistics on all the problems.
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