Charts: How the One Percent Doubled Their Income

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If you’re looking for stats on the growing gap between the 99 percent and the 1 percent, the Congressional Budget Office is a good place to start. The staid bipartisan number-crunching agency is the source of some of Mother Jones‘ ever-popular (and poster-izable!) income inequality charts. Now the CBO has a new report full of data whose takeaway, Kevin Drum notes, is pretty simple: “The rich are getting richer, the rest of us are just kind of drifting along.”

Here are a couple charts that illustrate the trend. First off, a look at how wealth has been steadily redistributed upward over the past 30 years (hover over a column to see more data):

Hover over a column to see more data.

The richest Americans have seen a nearly 120 percent increase in their income since the late ’70s. Meanwhile, the middle quintile of earners have seen their incomes grow 30 percent (hover over a column to see more data):

 Hover over a column to see more data.

Want more charts like these? See our charts on the secrets of the jobless recovery, the richest 1 percent of Americans, and how the superwealthy beat the IRS.

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THE TRUTH...

is the first thing despots go after. An unwavering commitment to it is probably what draws you to Mother Jones' journalism. And as we're seeing in the US and the world around, authoritarians seek to poison the discourse and the way we relate to each other because they can't stand people coming together around a shared sense of the truth—it's a huge threat to them.

Which is also a pretty great way to describe Mother Jones' mission: People coming together around the truth to hold power accountable.

And right now, we need to raise about $400,000 from our online readers over the next two months to hit our annual goal and make good on that mission. Read more about the information war we find ourselves in and how people-powered, independent reporting can and must rise to the challenge—and please support our team's truth-telling journalism with a donation if you can right now.

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