Income Inequality

Relatively Hard Times


According to an IRS analysis of 2009 tax returns, the rich aren’t doing as well as they were a few years back. The number of taxpayers with an adjusted gross income of $10 million or more dropped 55 percent from 2007 to 2009, to about 8,200 taxpayers. Their collective income fell to $240 billion in 2009 from $562 billion two years earlier.

Graphic by Bloomberg Businessweek; Data: Internal Revenue Service, World Top Incomes Database, Data compiled by Bloomberg
Tanzi covers economic data for Bloomberg News in Washington.
Applegate is a graphics editor for Bloomberg Businessweek in New York. Follow him on Twitter @evanapplegate.

Burger King's Young Buns
LIMITED-TIME OFFER SUBSCRIBE NOW

(enter your email)
(enter up to 5 email addresses, separated by commas)

Max 250 characters

 
blog comments powered by Disqus