we did it guys, we created a new gilded age

"By 2021, the top 1% income share has reached an all-time high of 27.4% much higher than the previous record of 23.9% in 1928"

https://eml.berkeley.edu/~saez/saez-UStopincomes-2021.pdf

@maxkennerly the graph adding those all up also shows an incredible statistic very clearly: the top 10% took 55% of all income in 2017.

The way that graph is tracking, I’d assume it’s well over 60% of income by now. Absolutely nuts, it has to implode at some point soon.