There are 40% fewer millionaires now than there were 5 years ago. Millionaires are reporting income that is half of what it was 5 years ago. The percentage of wealth owned by the 1% peaked at 22.8% and is now less than 15%. Tax prof explains it all.
Income inequality is still an issue, but the facts have drastically changed thanks to the recession. The media and OWS should use the newer, more accurate numbers.
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