May 21, 2012

BLUE INEQUALITY: More Earners at Extremes in New York Than in U.S. “The wealthiest 1 percent of New York City residents took in nearly one-third of the personal income in the city in 2009 — almost double the comparable proportion nationwide, a new study shows. In a report scheduled to be released Monday, the city comptroller’s office found that large percentages of New Yorkers earned high incomes and low incomes, leaving a smaller middle class than in the nation as a whole.”

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