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Income of Top 1% Rose in 2010

Center on Budget and Policy Priorities, Incomes at the Top Rebounded in First Full Year of Recovery, New Analysis of Tax Data Shows; Top 1 Percent’s Share of Income Starting to Rise Again:

Incomes of the top 1% of households, which fell in the financial crisis and Great Recession, rose strongly in 2010, the first full year of the economic recovery, according to a new analysis by economist Emmanuel Saez [Striking it Richer: The Evolution of Top Incomes in the United States (Updated with 2009 and 2010 estimates)].

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