Source: Congress is Corrupt page on Facebook – dated 2/22/13
UPDATE: When I returned to Facebook the next day, this infographic had disappeared. Why? Typical Facebook glitch? Withdrawn due to questionable validity of statistics? “The rich” is a vague term.
- If we look at wealth, the richest 20% control 89% of total household wealth while the poorest 20 control only 11% (according to article by William Domhoff, citing a study by economist Edward N. Wolff at New York University of 2011 data).
- If we look at income distribution, the top 20% received 51.1% of total household income, while the bottom 20% received 3.2% (according to a study by the Congressional Research Service of 2011 data)