The Top 1% haven't captured all income gains

El-Erian warns of ‘lost generation’ as income gap grows

Hillary Clinton went after the nation’s richest residents in her nomination acceptance speech Thursday, saying they will have to start spreading more of their prosperity.

“Wall Street, corporations, and the super-rich are going to start paying their fair share of taxes,” she said at the Democratic National Convention in Philadelphia. “Not because we resent success. Because when more than 90% of the gains have gone to the Top 1%, that’s where the money is.”

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Economic news – CNNMoney.com

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