Who Exactly are the 1%?: Income Inequality  

Oleh:

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Jenis: Article from Bulletin/Magazine
Dalam koleksi: The Economist (http://search.proquest.com/) vol. 402 no. 8768 (Jan. 2012), page 35-36.
Topik: Wealth; Social Conditions & Trends; Politics; Personal Finance; Inequality

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Perpustakaan Pusat (Semanggi) Nomor Panggil: EE29.70 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada

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Mitt Romney is not the first multi-millionaire to seek the presidency, nor the richest. Ross Perot, the record-holder, spent some of his billions earned from computer data on losing bids in 1992 and 1996. Since then men who owe their or their family's fortunes to oil, sport, publishing, trial law, ketchup, beer and bestselling autobiographies have followed. But Mr Romney, who earned his $200m or so as a private-equity executive buying and selling companies, is the first candidate from the world of high-octane finance. As such, he illustrates the changing complexion of America's rich. The wealthiest 1% of Americans not only get more of the pie; they are increasingly creatures of finance. The richest 1% earn roughly half their income from wages and salaries, a quarter from self-employment and business income, and the remainder from interest, dividends, capital gains and rent. Membership in America's 1% is relatively stable; three-quarters of the households in the percentile one year will still be there the next.

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