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There's truth to the saying
The phrase "the rich keep getting richer" seems to be tossed around a lot.
But today, the Wall Street Journal shows it's so very true. The paper analyzed new data from the IRS and found the richest 1 percent of Americans earned a postwar record of more than 21 percent of all income in 2005. The Internal Revenue Service didn't name the source of rising cash for the affluent, but said a boom on Wall Street probably had something to do with it.
Posted on October 12, 2007 3:04 AM PT | Permalink
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